Perry’s Assets Plunge 60% to $4 Billion as Wagers Backfire

Updated on
  • Perry Capital managed $10 billion in assets in September 2015
  • Main hedge fund lost 2.6% in first seven months; 12.6% in 2015

Richard Perry

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Perry Capital, the 28-year-old hedge fund run by Goldman Sachs Group Inc. alumnus Richard Perry, has lost more than half of its assets in less than a year after posting declines since 2014.

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