Why Investors Won’t Miss Marble Ridge

Dan Kamensky posted mediocre results over the past several years at his firm, which is now closing down amid controversy over its Neiman Marcus investment.

(Bing Guan/Bloomberg)

(Bing Guan/Bloomberg)

The folks at Marble Ridge may have stunned investors when they abruptly announced they were “winding down” amid controversy surrounding their Neiman Marcus investment.

Investors in their main fund, however, may not be too disappointed. Marble Ridge is in negative territory for the year and has generated mostly mediocre results since its 2016 launch.


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