New York (HedgeCo.Net) – A long, slow fight against a steadily eroding asset base is coming to a close for Stark Investments, which is winding down all of its once-$14.45 billion in hedge funds, Absolute Return reported.
The St. Francis, Wisconsin firm, founded by Harvard Law School classmates Mike Roth and Brian Stark in 1992, is in complete liquidation. Included in the mass unwinding are all the assets of Deephaven Capital Management, which Stark acquired in 2009.
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