Monday, May 27, 2024

Short-selling launches counter long/short equity gloom

  • General Industrial Partners planned, new Chanos vehicle underway
  • K2 underweight on long/short equity, which has seen muted returns
  • But short-sellers more optimistic in new market environment

A pair of new short-selling hedge funds are countering the negativity in long/short equity, which has seen mounting criticism this year.

The founder of New York-based Gotham City Research, Dan Yu, and Cyrus De Weck, behind Portsea Asset Management in London, are planning to launch General Industrial Partners early next year, the FT reported.

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