Renaissance Technologies Winds Down $1 Billion Hedge FundMani
Another one bites the dust!
Renaissance Technologies LLC, which manages roughly $27 billion in assets told investors Tuesday that it is winding down its $1 billion Renaissance Institutional Futures Fund, as the fund has not been a hit with investors.
The latest announcement puts Renaissance on a list of high-profile investment firms that have pulled back from hedge funds in recent weeks.
[drizzle . . .
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