Exclusive: York Capital to wind down European funds, spin out Asian funds

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Michelle deBoer-Jones
Published on
Updated on

York Capital Management has decided to focus on longer-duration assets like private equity, private debt and collateralized loan obligations. The firm also plans to wind down its European hedge funds and spin out its Asian fund.

Q3 2020 hedge fund letters, conferences and more

Jeffrey Aronson Crossroads Capital

York announces structural and operational changes

York Chairman and CEO Jamie Dinan said in his recent letter to investors, which was reviewed and first reported by ValueWalk on Monday evening, that the firm has long sought to differentiate itself through market-leading risk-adjusted outcomes.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.