Behind the Balance Sheet

Behind the Balance Sheet

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Behind the Balance Sheet
Behind the Balance Sheet
From Boom to Bust: A Hedge Fund’s Rise and Fall

From Boom to Bust: A Hedge Fund’s Rise and Fall

How one fund soared, struggled, and ultimately shut down—and what it reveals about today’s brutal hedge fund landscape

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Stephen Clapham
Feb 23, 2025
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Behind the Balance Sheet
Behind the Balance Sheet
From Boom to Bust: A Hedge Fund’s Rise and Fall
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My readers are mainly familiar with the economics of hedge fund management businesses. It’s a struggle to get enough assets and you need a bit of luck with your launch timing but once you are up and …

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