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Whale Rock Extends Losses

The once high-flying fund headed by Alex Sacerdote has been struggling to find the right stocks for its portfolio.

Whale Rock Capital Management is poised to post the biggest loss in its 16-year history.The hedge fund firm headed by Alex Sacerdote is the latest TMT fund to surge and build a huge amount of assets during the FAANG boom, only to surrender a chunk of its gains in less

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