Hedge funds run by Ken Griffin’s former lieutenants had big February performances, including one major bounce back
Jack Woodruff’s Candlestick Capital was not the hedge fund leading the headlines during late January’s market volatility, but the young fund felt the pain either way.
The $3 billion manager lost “low to midteens” in January, according to the Wall Street Journal a far cry from the 53% Melvin Capital fell, but a big blow to a new manager that turned in 26% returns in 2020, its first year of trading. Melvin, Maplelane Capital, D1 Capital, and more suffered big losses in January when retail traders…
