Visium Asset Management, the hedge fund at the center of an insider-trading investigation, is shutting down, according to an investor letter seen by Business Insider.
Visium is shutting its flagship balanced fund and has suspended withdrawals and redemptions requested from investors. The fund managed $7.8 billion at the start of the year, according to Hedge Fund Intelligence.
via The hedge fund at the center of an insider-trading scandal is shutting down — Reuters
