Morning Brief: Peloton Co-Founder Shuts Second Hedge Fund; Twitter Villain Outed as Hedge Fund Analyst

The second time wasn’t the charm: Grant Capital Partners, the Santa Barbara, California-based hedge fund firm founded by Peloton Partners co- founder Geoff Grant, is shutting down. Grant told investors in a letter he is closing the $1 billion fund because he does not have an “edge” in today’s markets.

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