That's got to hurt in 117 million ways

Peloton Partners is moving out of its plush London Soho offices, and is looking for tenants quickly to stem further losses. The firm’s three lead partners lost a total of $117 million they had invested in the fallen Peloton ABS Fund, which collapsed last week after failing to meet margin calls.

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posted by John Wilson @ 11:31 AM Permanent Link newsvine reddit



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