London-based hedge fund that bet against GameStop shuts down – FT

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White Square Capital has told investors that it will shut its main fund and return capital this month after a review of its business model, the newspaper said, citing people familiar with the fund and a letter to investors.

White Square suffered double-digit percent losses in January, the report added https://on.ft.com/3gIEJJR.

The firm did not respond to a Reuters request for comment outside of regular U.K. business hours.

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