Are the Original Hedge Fund Stars Tapped Out?

After decades of legendary success, a generation of blue-chip hedge fund managers and their firms ran aground in 2016. Is this the end of a once-golden era?


When Perry Corp. founder Richard Perry announced in 2016 that he was shutting down his main hedge funds after 28 years, he was well on his way to posting his third consecutive losing year.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.