Alan Fournier

Longtime Hedge Fund Pennant Cap Management Closing

April 2, 2018 James Heinsman Hedge Fund News

Alan Fournier’s 17-year-old Pennant Capital Management, with a $1.5 billion AUM is closing shop. The fund has been struggling since the 2008 financial crisis. “While I take great pride in our long-term returns, especially in light of our consistent low risk portfolio structure, our recent returns have been disappointing,” Fournier told investors. “I have been […]

More

Alan Fournier, David Tepper, Pennant Capital Management,

Powered by WordPress. Designed by elogi.