Launches & Closures Hedge Funds

SAC veterans dissolve Bellman Walter Capital


The firm led by former SAC star Rich Walter has shut down.

Bellman Walter Capital, the long/short equity shop co-founded in 2008 by former SAC Capital Advisors short-term trading star Rich Walter, has closed shop. Calls to the firm’s San Francisco headquarters are now met with a recording saying that the firm has been closed since Dec. 31. "For all stock-related calls, please do not leave a message," it continues.

The firm also had an office in London, and ceased to be authorized by the Financial Services Authority on Feb. 10. The FSA register lists four employees authorized by the regulator up to that date, including Walter, and none have since