Tisbury To Shutter U.S. Biz

Feb 8 2008 | 12:00am ET

British hedge fund Tisbury Capital is closing its U.S. operation due to “underperformance.”

Tisbury’s Boston office, which opened just last year, employed 12. The U.S. arm was battered by several busted event-driven trades, most notably the failed leveraged buyout of credit-card issuer Alliance Data System, The Wall Street Journal reports.

Tisbury’s European operations remain strong, the Journal adds.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...