FOX Business senior correspondent Charlie Gasparino’s latest report on Archegos Capital Management’s Bill Hwang.
Gasparino reports, “Archegos Capital Management chief Bill Hwang has put together a high-profile public relations and legal team... Carmen Lawrence, a veteran white-collar attorney and former top regulatory official at the Securities and Exchange Commission has been retained by Archegos as the SEC launches an inquiry into the fund’s blow up, according to people with direct knowledge of the matter.”
Khrom Capital was up 32.5% gross and 24.5% net for the first quarter, outperforming the Russell 2000's 21.2% gain and the S&P 500's 6.2% increase. The fund has an annualized return of 21.6% gross and 16.5% net since inception. The total gross return since inception is 1,194%. Q1 2021 hedge fund letters, conferences and more Read More
“Lawrence will work alongside veteran PR handler Mike Sitrick who has also been retained by Archegos to help with crisis communications. Sitrick’s client list includes numerous celebrities, Wall Street executives and chief executive officers during his long career.”
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