Investing
Add as a preferred source on GoogleWalleye oversees $17 billion in assets under management; its planned changes target an equity strategy the firm manages internally.
Walleye told investors Thursday that it would narrow its internal equity long-short operation and return some capital after reviewing its preferred size.
The multistrategy hedge fund manages $17 billion in assets. Its planned changes focus on the equity operation it runs internally, which uses a long-short strategy.
Bloomberg said the fund remained up 13% year to date for investors holding Class C shares; Nasdaq recorded a 6.6% Nasdaq-100 decline.
The stance was last seen in early 2023. Short covering supplied most U.S. equity buying, but purchases equaled only 40% of recent hedge fund technology-sector sales.
The company said SEBI gave preliminary approval to settlement terms during the September quarter. The regulator’s formal order has not been issued.
