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ewheeler | 6 years ago

"Malachite Capital Management LLC, a hedge fund specializing in trading volatility, said that it would shut down immediately." according to https://www.wsj.com/livecoverage/coronavirus/card/is2y79bNxh...

discuss

order

609venezia|6 years ago

Thank you. This closure makes sense.

"their strategy involved selling options on volatility exchange-traded products, which is essentially a bet that profits when markets stay calm."

Would this fund be considered "large" at 600mm?

There are also some older ones in the news e.g.:

https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea6... (March 11, Solus's flagship fund, 4.3bn, distressed debt focus)