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Hedge fund Melvin Capital takes big hit from GameStop

By THE NEW YORK REFORMER on January 31, 2021

Melvin Capital, the hedge fund at the center of the GameStop drama, lost 53 percent in January but received commitments for fresh cash from investors in the last days of the month, a source familiar with the fund said on Sunday. Melvin ended January with more than $8 billion in assets after having started the…

Published in THE NEW YORK REFORMER

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