Reported about 18 hours ago
Jeff Talpins’ hedge fund, Element Capital Management, returned over $6 billion to clients, reducing its asset base to $3 billion and focusing primarily on managing internal funds. After three years of declines, the firm aims to enhance returns with a strategy that emphasizes diversification and innovation, preparing for a new phase dubbed 'Element 2.0'. The fund's assets have decreased significantly from a peak of $18 billion, as it has closed to new investments since 2018, and plans to open a new office in Abu Dhabi.
Source: YAHOO