(Bloomberg) Pelham Capital’s main hedge fund lost about 10 percent in June as the U.K.’s shock decision to exit the European Union sparked turmoil in global equity markets, according to two people with knowledge of the matter.
The losses in Pelham Long/Short Fund, which managed 3.8 billion euros ($4.2 billion) at the end of May, left it down about 9 percent in the first half of the year, the people said, asking not to be identified because the information is private. A spokesman for Pelham Capital declined to comment.
