Dallas news – I knew it wasn’t all wine and roses in the hedge fund industry these days, but geez things seem to have really taken a turn for the worse.
One of Dallas’ largest and most respected hedge fund firms, WS Capital Management, announced a few weeks ago that it would turn out the lights because the party was over. The fund, operated by Reid Walker and G. Stacy Smith, managed $550 million in assets, which will be returned to investors.
