u/Kaawumba

Their multistrategy fund (not all the funds combined) lost 30% this year, and AUM went from $1.6 billion to not enough to continue. https://www.bloomberg.com/news/articles/2026-05-13/volatility-hedge-fund-qvr-to-close-after-losing-30-this-year

It's times like these when I'm glad that I run my own money. I've had investments lose 30% and recover (or lose 30% and I cut them). No investors to lose. Though of course it's possible that the losses are worse than reported.