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Eight Hospitalized after Three-vehicle Crash south of Twin Falls
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Eight Hospitalized after Three-vehicle Crash south of Twin Falls
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Eight Hospitalized after Three-vehicle Crash south of Twin Falls
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Archegos Left a Sparse Paper Trail for a $10 Billion Firm
In its eight-year history, the family office that managed the fortune of Bill Hwang never publicly disclosed any stock ownership. Securities lawyers said that was highly unusual.
Archegos Capital Management had offices on the same floor as its owner’s charitable foundation.Credit.Carlo Allegri/Reuters
April 12, 2021
Archegos Capital Management, the $10 billion firm that collapsed spectacularly last month, never publicly disclosed any stock investments. Even for a firm whose structure and strategy came with fewer regulatory requirements, that was a remarkable achievement.
Money managers with $100 million or more in stocks are generally required to declare what securities they are invested in every quarter. But Archegos, a so-called family office that managed the fortune of the former hedge fund manager Bill Hwang, did not publicly file such a document called a 13F in its eight-year history.