Pirate Capital assets fall 26% in 2007 to $739m

Tue May 29, 2007

Tom Hudson’s Pirate Capital Management has lost 26% of its assets under management since the start of 2007, falling to less than $1 billion as its performance has failed to rebound significantly from its mediocre 2006 levels.

The bulk of the decline in assets took place after the firm received redemption notices at...

ISSN: 2151-1845 / CDC10004H

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