Distressed-Debt Hedge Fund Archview Is Shutting Down

  • Founder Jeff Jacob expected to join Bruce Richards’ Marathon
  • Archview rooted in Citi team that invested in troubled firms

Archview Investment Group LP became the latest distressed-debt hedge fund to close its doors, according to people with knowledge of the matter.

The firm founded by former heads of Citigroup Inc.’s distressed-debt team will start returning money to investors after the end of the year, the people said, asking not to be identified because the information isn’t public. Archview, which counts Blackstone Group LP among its bigger investors, posted gains of 5.3 percent this year with assets of about $650 million, one of the people said…

Distressed-Debt Hedge Fund Archview Is Shutting Down

Categories : Hedge Funds

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