Activist hedge fund Marcato Capital to shut down after drop in assets
Activist hedge fund Marcato
Capital Management, backed by Blackstone Group and
billionaire William Ackman, is shutting down as assets have
shriveled after two years of poor returns, sources said on
Sunday.
Capital Management, backed by Blackstone Group and
billionaire William Ackman, is shutting down as assets have
shriveled after two years of poor returns, sources said on
Sunday.
Posted by Reuters
