EdwardHughes
2021-12-17

Anchorage Capital Group, LLC has announced it is shutting down due to significant losses. The hedge fund is closing after 18 years and returning the $7.4 billion dollars it manages back to clients. Their credit fund, Anchorage Capital Partners is suspending clients’ ability to get their money back, via WSJ.

Anchorage Capital was one of the top 10 financial institutions shorting AMC stock and now they’re throwing in the towel.$AMC Entertainment(AMC)$ $Anchorage International Holdings Corp.(AHCP)$

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