Hedge Fund Carlson Shrinks to One Office After Assets Fall 90%
- Firm closing London office after shutting two other outposts
- London-based money manager Jesse Ho will relocate to Dallas
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Carlson Capital is shuttering its London office as part of a restructuring after the hedge fund’s assets dropped 90% to about $1 billion since 2016.
The Dallas-based investment firm applied to cancel its authorization with the UK regulator Financial Conduct Authority, meaning it plans to stop doing business there within six months.