Boston based, Loch Capital.
Update: Loch’s founders, brothers Timothy and Todd McSweeney, were close to Steven Fortuna, a co-founder of S2 Capital Management in Boston who pleaded guilty to insider trading charges related to the Galleon insider trading case, in November.
Since November, Loch has been experiencing heavy redemptions as rumors about the McSweeney brothers' connection to Fortuna developed.
No comments:
Post a Comment