Mar

Alan Fournier Shuts Hedge Fund Pennant Capital After 17 Years

Manager cites recent poor performance for returning capital
Billionaire David Tepper seeded Pennant with $12 million

Hedge fund manager Alan Fournier is returning client capital at his $1.5 billion Pennant Capital Management after almost two decades, citing poor returns…

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Alan Fournier Shuts Hedge Fund Pennant Capital After 17 Years

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