How much was initially seeded into the hedge fund?
Meredith Whitney Faces Bluecrest Redemption Demand
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Kenbrell Capital, operated by Meredith Whitney, is facing significant challenges. Its major investor, Blue Crest, is demanding a sizable redemption. Additionally, the hedge fund is losing its co-founder and CFO. Initially seeded with $50 million from Blue Cross Partners, the fund is now experiencing a redemption saga. Whitney, known for her 2010 US municipal bond forecast, is dealing with earlier redemptions and the potential exit of her big seed investor.
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What was Meredith Whitney known for forecasting?
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