Tag: $3.4

23 NOV

Tourbillon Capital, a $3.4 billion hedge fund that’s been sounding the alarm about ‘frothy speculation,’ is suffering big losses

Russell Boyce/Reuters Tourbillon Capital is a $ 3.4 billion New York hedge fund led by Jason Karp. Karp has been warning of “frothy speculation,” in the markets and has been preaching patience. The firm’s flagship fund is down more than 10% for the year to November 17. Tourbillon Capital, a $ 3.4 billion hedge fund firm led […]

23 AUG

‘A recipe for permanent loss of capital’: A $3.4 billion hedge fund is lashing out at tech stock valuations (AMZN, FB, GOOGL)

Alex Wong / Getty Images Tourbillon Capital is a New York hedge fund that manages $ 3.4 billion. The fund told clients its concerns over popular stocks such as Amazon, Facebook and Google. Tourbillon also hinted at a potential sell-off for tech, media and telecommunications stocks. A $ 3.4 billion hedge fund is poking holes in […]