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Greylock Files for Bankruptcy After Losses Spur Withdrawals Bloomberg 2/1/2021 Luca Casiraghi and Colin Keatinge © Bloomberg Greylock, led by CEO Hans Humes, is known for taking bets on troubled sovereign debt, from Greece to Lebanon. (Bloomberg) Greylock Capital Associates filed for bankruptcy protection in New York as investors pulled money from the hedge fund following three consecutive years of losses. Popular Searches The Chapter 11 proceedings will allow Greylock to restructure its debt and terminate its Madison Avenue office lease in Manhattan, according to a Jan. 31 filing signed by Chief Financial Officer David Steltzer. Assets under management at the emerging markets hedge fund which more than halved since 2017 to $450 million at the end of 2020 will drop by $100 million by the end of March in the absence of new investments, according to the filing.

New yorkUnited statesMartin guzmanDavid steltzerHans humesBloomberg hans humesBloomberg greylock capital associatesUs bankruptcy courtGreylock capital associatesGreylock capital managementArgentina economy minister martin guzmanCapital associatesMadison avenueChief financial officer davidChief executive officer hans humesSouthern district