Hedge fund Artradis to shut in March
Steve Diggle’s successful alternative investment firm is handing capital back to investors, with a group of Artradis employees planning to start up again soon in a new venture.
It was one of Asia’s most successful and profitable hedge fund firms, but Artradis’s days are up, and its funds are now to hand back investor capital, according to the specific terms that govern each of its stable of funds.
Firm COO Jim Sweeney told AsianInvestor that the decision had been taken after a period of indifferent performance, and that a group of Artradis employees plan to start up business again soon in a new venture.
There had been rumours circulating in the market since …
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