Ill Hwang Tiger Club News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 
Before Archegos, Hwang built the New York-based hedge fund Tiger Asia Management in 2001 with the support of Robertson. The firm focused on Asian investments and became one of the best Asia-centric hedge funds, which at its peak managed over $5 billion.
 
In 2012, Hwang pleaded guilty to insider trading of Chinese bank stocks and agreed to pay $44 million to settle civil allegations. The Securities and Exchange Commission alleged that he used confidential information to short sell three Chinese bank stocks. After this, he shut Tiger Asia Management.
 
 
In 2013, he founded Archegos, a Greek biblical word for leader, which is a family investment vehicle with leverage-based bets on US technology growth stocks and Chinese ADRs. ....

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