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Macro US Stocks

Two Hedge Funds Confirmed Blown Up After Nasdaq Plunge

Walleye Capital, a roughly $17 billion hedge fund, lost 5.9% in October and has dismissed equities long-short head Anil Gondi while planning to return some capital, and Engineers Gate lost 5.5% and cut its “Synthesis” equities team, the two confirmed names on a list of funds hit by redemptions or manager cuts this week after the Nasdaq selloff. Axebrook, Lone Pine, Millennium pods, Verition pods and Samlyn were also listed but unconfirmed.

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