Precocity Capital Said To Be Liquidating

The energy-focused firm headed by Nick Tiller, an SAC alum, was launched in late 2015.

Illustration by II

Illustration by II

Yet another hedge fund with ties to Steven Cohen’s SAC Capital is said to be shutting down.

Nick Tiller’s Precocity Capital told investors late last month that it will liquidate its portfolio and close the fund this quarter, according to a letter that a former investor in the fund sent to its clients and two people familiar with the matter.

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