Hedge Fund News From HedgeCo.Net

New Hedge Funds Strike Out in October

(Bloomberg) In a major test for the big three who started hedge funds this year — Dan Sundheim, Steve Cohen and Michael Gelband — none of them made money in October. Sundheim’s D1 Capital Partners fared the worst last month, losing 5.9 percent. Cohen’s Point72 Asset Management was down 1 percent while Gelband’s ExodusPoint Capital Management was flat, according to people familiar with the returns.

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