Emrys Partners Hedge Fund Shuts Down

WSJ – Steve Eisman, who emerged as one of the stars of the financial crisis with a winning bet against mortgages, is shuttering his hedge-fund firm, according to people familiar with the matter.

Emrys Partners LP, which Mr. Eisman founded a little over two years ago, bet on and against stocks and had at one point reached about $200 million. It was wound down at the end of June, one of the people said.

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