York Posts Substantial Drop in Assets

York, one of the best-established firms in the industry, has seen its assets fall by billions as its biggest funds post losses.


York Capital Management, the New York multistrategy and event-driven firm headed by James Dinan, has posted a sharp decline in assets, making it the latest long-established hedge fund firm to suffer billions in investor redemptions.

York disclosed in a regulatory filing that its assets under management declined by $3.3

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