Melvin Capital, Hedge Fund That Shorted GameStop, Is Shutting Down ...
2024-07-06 16:27By Matthew Goldstein and Kate Kelly. May 18, 2022. Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is ...
Melvin Capital Management LP was an American investment management firm based in New York City. It was founded in 2014 by Gabriel Plotkin, who named the firm after his late grandfather. On May 18, 2022, Plotkin announced that the fund would close and return any remaining customer funds by June 2022. Its assets under management (AUM) in April ...
Melvin Capital to shut after heavy losses on meme stocks, market slump ...
Melvin Capital quickly attracted attention and powerful investors and ended 2020, the year the pandemic began, with gains of 52.5%. From 2014 to 2020, Melvin boasted average annualized returns of 30%.
Melvin Capital to shut after heavy losses on meme stocks ... - Reuters
Melvin Capital quickly attracted attention and powerful investors and ended 2020, the year the pandemic began, with gains of 52.5%. From 2014 to 2020, Melvin boasted average annualized returns of 30%.
Melvin Capital to Close After Losing Billions in GameStop Short-Squeeze ...
Advertisement. Gabe Plotkin's Melvin Capital hedge fund plans to return money to its investors and shut down later this year, Bloomberg first reported on Wednesday. The hedge fund lost billions of ...
Former Hedge Fund Giant Melvin Capital Shutters Doors After Meme Stock ...
CNN reported that Melvin ended 2021 down by 39%, losing another 23% between January and April 2022. In January 2021, Melvin Capital was worth $13 billion, according to a GOBankingRates report at ...
Plotkin's Melvin Capital to liquidate funds after losses | Fortune
Gabe Plotkin plans to wind down Melvin Capital Management after suffering billions of dollars of losses and angering investors with a botched plan to reboot the firm. The once high-flying hedge ...
Melvin Capital's liquidation may have been the mystery catalyst behind ...
The liquidation of Melvin Capital also played a major role, says Tom Hayes, chairman and managing member of Great Hill Capital. The $7.8 billion fund is shutting down, the firm announced late ...
Melvin Capital Portfolio: What Causes Its Closure? - MSN
This manifested in a lack of capital to invest, and in May 2023 Plotkin decided to close the fund. Melvin Capital Management LP produced above-average returns in the period between 2014 and 2020 ...
Melvin Capital to Close Funds, Return Cash to Investors - WSJ
Melvin Capital to Close Funds, Return Cash to Investors. Firm lost big on meme-stock surge in early days of Covid-19 pandemic . By . Juliet Chung. Updated May 18, 2022 7:46 pm ET. Share. Resize.
The rise and fall of Melvin Capital — a timeline | Seeking Alpha
Melvin Capital, the hedge fund hit with billions of losses in the 2021 meme-stock frenzy, has called it quits and will return investors' money, according to media reports on Thursday
Melvin Capital says it plans to unwind funds - CNBC
Melvin Capital Management, the hedge fund burned by the GameStop mania, said it will unwind its funds and return cash to investors as losses accelerated during the market turmoil this year, CNBC ...
Melvin Hedge Fund Probed by SEC Over Risk Controls, Client ...
Melvin Capital Management, the hedge fund that Gabe Plotkin closed earlier this year, is being investigated by the US Securities and Exchange Commission over whether the firm misled investors ...
Melvin Capital weighs unwinding current fund to start new one ... - CNBC
Embattled hedge fund Melvin Capital weighs unwinding current fund to start new one, sources say. Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been ...
Melvin Capital ends month with over $8 billion in assets after ...
Melvin Capital, the hedge fund at the center of the GameStop drama, lost 53% in January but received commitments for fresh cash from investors in the last days of the month, a source familiar with ...
GameStop升勢似non-stop 空軍Melvin Capital及Citron認輸 - 香港01
據《CNBC》報道,Melvin Capital的主管Gabe Plotkin指出,該對沖基金已於周二將GameStop淡倉平掉。惟報道未能證實Melvin Capital損失的金額。 早前Melvin Capital獲對手Citadel及Point 72注資30億美元。 不過Gabe Plotkin指出,有關公司破產的消息並不正確。 Andrew Left﹕已平倉
Melvin Capital's Plotkin eyes new cash after year of double-digit ...
Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new portfolio, according to a regulatory filing ...
Melvin Capital Management to Restructure as Losses Mount
Melvin, which was burned badly in the meme-stock rally last year, plans to shrink to $5 billion from the $8.7 billion it managed at the end of March and is making a raft of changes in the terms of ...
Melvin Capital 即將申請破產 | LIHKG 討論區
會唔會未到期就搞老破. 千鳥勁啲2021-01-27 10:43:13. 開始見到好多淡友出哂黎. galagalahappy2021-01-27 10:44:16. 其實係咪有連鎖反應?. 佢地要不問價放哂手頭上股票平倉,多得幾間破產,會不會係引爆下次股災?. 千鳥勁啲2021-01-27 10:45:01. 個人覺得真係有呢個可能性 ...
Melvin Capital 即將申請破產 | LIHKG 討論區
雖然單野係fake 但有人講左重點 即使Melvin Capital 破產清盤 broker 券商一樣要上身還貨比人 除非出現最終既一種情況:借貨比人果條友大愛到話「送哂成批gme 出去,放棄持有權」 咁樣真係free fall啦 問題係無可能 呢件事除左wsb 班散戶得益之外 最大得益者就係原本借貨出去既人
Melvin Capital 即將申請破產 | LIHKG 討論區
Melvin Capital 即將申請破產 ... 唔知Melvin Capital死咗Short Ratio能否落返100%以下呢 ...
Melvin Capital 即將申請破產 | LIHKG 討論區
好多留言真係唔識沽空乜柒大戶破產冇人埋單 大 跌 傻散真係傻散. Melvin Capital 即將申請破產 ... Melvin Cap 就算真係老破又關咩事?
Melvin Capital: 7,8 Milliarden Dollar schwerer Hedgefonds schließt
Dabei hatte Melvin Capital zuletzt noch prominente Unterstützung erhalten: Mehrere Fonds, darunter Point72 und Citadel, investierten gemeinsam 2,75 Milliarden Dollar in den Hedgefonds.