Archegos Capital Puts Together A PR And Legal Team Amidst SEC Inquiry

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Archegos Capital Puts Together A PR And Legal Team Amidst SEC Inquiry
<a href="https://pixabay.com/users/mohamed_hassan/">mohamed_hassan</a> / Pixabay

FOX Business senior correspondent Charlie Gasparino’s latest report on Archegos Capital Management’s Bill Hwang.

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Q4 2020 hedge fund letters, conferences and more

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.”

Southpoint Capital likes these stocks [Q1 Letter]

Clint Carlson Far ViewSouthpoint Qualified Fund and Southpoint Qualified Offshore Fund returned 2.5% net for the first quarter, compared to the S&P 500's 6.2% return and the Russell 2000's 12.7% gain. During the first quarter, Southpoint's funds averaged 133% long and 70% short. Q1 2021 hedge fund letters, conferences and more The fund's long positions added 13% gross 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.”

Wall Street Execs Perplexed Why Credit Suisse Still Hasn't Put A Number To Archegos Capital Trading Losses: Sources

Link to Full Report: https://www.foxbusiness.com/

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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