Tiger Descendant Impala Rebounds Sharply in First Quarter

The hedge fund headed by Robert Bishop is bouncing back from a big loss last year.

Illustration by II

Illustration by II

Impala Asset Management is apparently back on track…at least for now.

The long-short firm’s Impala Fund posted a 17.5 percent gain in the first quarter, according to an investor in the fund.

This follows a loss of more than 19 percent last year due to the overall stock market selloff and the slowdown in China, according to the investor.

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