Whitney Tilson has decided to shut down his hedge fund, saying its poor performance has made him “miserable.” Tilson — long a fixture on the TV circuit as he has piggybacked on moves by investors like Warren Buffett and David Einhorn — told investors Sunday that he would be closing Kase Capital, The Wall Street...
NYS Entity Status
NYS Filing Date
JULY 03, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED PARTNERSHIP
2014 - 25TH STREET INVESTORS FUND, L.P.
Around the Web
- Whitney Tilson is shutting down his hedge fund
By Carleton English - Thursday Sep 28, 2017
- WeWork Raises $500 Million for Asian Expansion
Monday Aug 7, 2017
The New York-based shared-office-space didn’t identify investors in the funding, which is an addition to its announcement in late July of a $500 million funding round led by Japan’s SoftBank Group Corp. and China’s Hony Capita.
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Investors pull nearly $3B from Och-Ziff
By Carleton English - Wednesday Aug 2, 2017
On second thought, maybe it can still get a little worse for Och-Ziff Capital Management. Although the New York hedge fund’s flagship is up 8.8 percent this year, investors still yanked nearly $3 billion from it in the four months ended July 31, it said while reporting second quarter results. The $32 billion hedge fund...
- Man busted for posing as hedgie investor in $19M Ponzi scheme
By Carleton English - Thursday Oct 5, 2017
FBI agents on Thursday arrested a New York man posing as a hedge fund investor on charges he ripped off at least 42 friends and acquaintances with a $19 million Ponzi scheme. Michael Scronic, of leafy Pound Ridge, an affluent suburb north of New York City, lied to his investors about the performance of his...
- Hedge fund manager charged for scamming investors out of millions
By John Aidan Byrne - Sunday Aug 6, 2017
A Ponzi-like scheme that would make Bernie Madoff proud has been uncovered in Boston, authorities say. Massachusetts officials have charged hedge-fund manager Raymond Montoya with scamming investors out of millions of dollars. On Wednesday, Montoya was charged by the feds with mail fraud and wire fraud, and then released after his appearance in federal court....