Pequot closes three funds

Fri Nov 30, 2007

Pequot Capital Management will shutter three of its smaller hedge funds and say goodbye to two portfolio managers by yearend.

The Westport, Conn.-based firm’s Pequot Strategic Equity Fund, Pequot Event Driven Fund and Pequot Dynamic Strategies Fund all launched in 2006 at the firm’s San Francisco offices and struggled with performance this year. The firm manages $7.5 billion, up slightly from $7.3 billion...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI