Glenview Capital Lost $2 Billion in Assets in about Nine Months

(Bloomberg) Glenview Capital Management lost about $2 billion in assets in less than a year as investors fled a fund that began charging fees after it was initially free. The hedge fund firm founded by Larry Robbins managed $7.7 billion as of March 1, according to a regulatory filing, down from $10 billion in June of last year. At its peak in 2017, the firm ran about $12 billion.

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