Levinson’s Graticule Macro Hedge Fund to Shutter After Losses
- The macro hedge fund has plunged more than 25% this year
- Most of the losses occurred after the collapse of SVB
Adam Levinson
Photographer: Munshi Ahmed/Bloomberg
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Veteran macro trader Adam Levinson is shutting down his hedge fund after being hit by losses amid ongoing bond market volatility.
Levinson’s Graticule Asia macro hedge fund has plunged more than 25% this year, mostly during the days after the collapse of Silicon Valley Bank, according to people with knowledge of the matter. His bets tied to front-end rates imploded and erased years of gains, the people said asking not to be identified because the details are private.