Pelham Capital Hedge Fund Tumbles 14.4% in October Rout

(Bloomberg) One of Pelham Capital’s hedge funds plunged last month, joining a host of other firms that struggled to perform in October. Pelham’s long-short equity fund, managed by founder Ross Turner, fell an estimated 14.4 percent last month, leaving it down about 12 percent so far this year, according to people with knowledge of the matter. A representative London-based Pelham declined to comment.

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