(Reuters) Whale Rock Capital Management, which has returned nearly 40 percent this year, has stopped accepting new capital after its assets grew to $2.5 billion, a person familiar with the hedge fund’s decision said. The Boston-based firm focuses on technology, media and telecommunications investments and has seen assets climb by roughly $1 billion this year, amid strong returns and an inflow of fresh money.
Hedge Fund Whale Rock Stops Taking in New Money Amid Strong Returns
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