IDW’s Ilana Weinstein Says Hedge Fund Shakeout ‘Far From Over’

(Bloomberg) The hedge fund shakeout is still unfolding with “many more” closures coming, according to Ilana Weinstein, chief executive officer of IDW Group. “This is far from over,” Weinstein said in a Bloomberg Television interview on Monday. “I don’t think it’s too dramatic to say, but we are in the midst of the equivalent of a shifting of the tectonic plates for the hedge fund industry.

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