(Bloomberg) An ex-Societe Generale SA trader is shutting his less than four-year-old multistrategy hedge fund because of high running costs and difficult capital-raising environment. Three Stones Capital Ltd. plans to return money to investors by the end of the year, Hong Kong-based Chief Investment Officer Jong Beum Kim said. The firm’s multistrategy hedge fund, which began trading in late 2015, oversaw $99 million as of July.
Ex-Societe Generale Traders’ Hedge Fund to Shut Down
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