George Soros’ protégé just nailed one of the biggest hedge fund launches ever

(Business Insider) Scott Bessent, who had been managing George Soros’ $30 billion fortune for the past four years, officially launched his own hedge fund this week with $2 billion in assets, Bloomberg News reports. Bessent’s Key Square Group, a global macro hedge fund, will be running $4.5 billion by the end of the first quarter, making it the third-largest launch for a hedge fund, the report said.

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