Melvin Capital | search
Click here to view Melvin Capital news from 60+ newspapers.
Bookmark or Share- Gabe Plotkin’s Melvin Capital to wind down funds - Financial TimesMelvin Capital Management, the hedge fund that lost billions of dollars during last year’s meme-stock rally, has told clients it is winding down its funds. Gabe Plotkin, the New York-based firm ...
- Melvin Capital - WikipediaMelvin Capital Management LP was an American investment management firm based in New York City. It was founded in 2014 by Gabriel Plotkin, who named the firm after his late grandfather. On May 18, 2022, Plotkin announced that the fund would close and return any remaining customer funds by June 2022. Assets under management in April 2022 were ...
- Former Hedge Fund Giant Melvin Capital Shutters Doors After Meme Stock ...CNN reported that Melvin ended 2021 down by 39%, losing another 23% between January and April 2022. In January 2021, Melvin Capital was worth $13 billion, according to a GOBankingRates report at ...
- Melvin Capital to shut after heavy losses on meme stocks, market ... - CNNMelvin Capital had $7.8 billion in assets at the end of April. The fund lost 23% in the first four months of 2022, a person familiar with the fund’s finances said.
- Melvin Capital, Hedge Fund That Shorted GameStop, Is Shutting Down ...May 18, 2022. Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter ...
More
