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Melvin Capital Management LP was an American investment management firm based in New York City. [1] It was founded in 2014 by Gabriel Plotkin, who named the firm after his late grandfather. [1] On May 18, 2022, Plotkin announced that the fund would close and return any remaining customer funds by June 2022.
May 18, 2022 · Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter sent to...
Apr 21, 2022 · Melvin, which lost nearly $7 billion early last year by betting stocks like GameStop would tumble, is planning to start charging clients incentive fees again, the report said.
May 18, 2022 · Gabe Plotkin plans to wind down Melvin Capital Management after suffering billions of dollars of losses and angering investors with a botched plan to reboot the firm.
May 19, 2022 · Melvin Capital, once one of Wall Street’s most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was hit again by this year’s market slump.
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Apr 21, 2022 · Melvin, which was burned badly in the meme-stock rally last year, plans to shrink to $5 billion from the $8.7 billion it managed at the end of March, according to a letter the hedge fund sent to...
Jun 30, 2024 · Melvin Capital Management is a hedge fund with 4 clients and discretionary assets under management (AUM) of $21,801,284,330 (Form ADV from 2022-05-11). Whalewisdom has at least 38 13F filings, 110 13G filings, and 2 Form 4 filings
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