Hedge Funds

Troubled hedge fund Pine River is leaving Mayfair HQ

London is seeing a changing of the guard in its hedge fund heartland

Troubled hedge fund Pine River is leaving Mayfair HQ

Hedge fund Pine River Capital Management, which closed funds amid a wave of client withdrawals last year, is to leave its headquarters in upmarket Mayfair.

Its decision comes amid a changing of the guard in London's hedge fund heartland, which has seen a number of big firms leave in recent years — but other renowned names have announced plans to expand.

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