Invest After A Drawdown: Glenview Creates New Hedge Fund, Zero FeesMark Melin
Larry Robbins, founder of Glenview Capital Management, has had a “exceedingly disappointing” and “frustrating” 90 days, he told investors in a letter dated October 26 reviewed by ValueWalk. Not only did he lose his own money, but investors took a haircut. To rectify the situation, the fund manager is offering existing investors an opportunity to invest in the hedge fund on a drawdown – and do so on favorable terms. To accomplish this, a new healthcare focused hedge fund is being created that includes exposure to liquid assets that . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible