Prosiris Faces Client Exodus as Assets Fall to $1 Billion

  • Reza Ali's hedge fund firm is limiting client withdrawals
  • Other withdrawals in the pipeline over next several quarters

Prosiris Capital Management, the hedge fund founded by Goldman Sachs alumnus Reza Ali, has seen assets tumble by almost 40 percent in less than a year, and more money is slated to exit in the coming months.

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