Posted by & filed under Failing Managed Funds, Hedge Funds, Banks.

PointState Capital, founded by Zachary Schreiber and other alumni of billionaire investor Stanley Druckenmiller’s Duquesne Capital Management, has been hit with approximately $1 Bio in redemptions. The New York hedge fund is on the verge of a second losing year in a row. It lost 19% last year. PointState Capital had big investments on satellite […]

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