(CNBC) Noted hedge fund manager Whitney Tilson said he is shutting down his fund at a time when industry assets are growing but returns continue to lag. Tilson notified clients on Sunday that his Kase Capital Management was shuttering the fund. The fund managed $180 million at its peak —a relatively modest sum by the $3 trillion industry’s standards. However, he has maintained a high profile over the years through numerous television appearances and headline-grabbing market calls.
Whitney Tilson is Shutting Down His Hedge Fund
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