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“Archegos founder Bill Hwang arrested, charged with fraud” Archegos Capital Management founder Bill Hwang and the fund’s chief financial officer Patrick Halligan were arrested Wednesday by federal agents on criminal charges including securities fraud, wire fraud and racketeering. In a lawsuit filed in the Southern District of New York, US prosecutors allege Hwang — whose…
“#AriseN Partners up-and-running less than a year after Bill Hwang’s fall” Less than a year after investor Bill Hwang’s investment firm imploded — leaving Wall Street with billions of dollars in losses — two of Hwang’s protégés have hired some of their former Archegos peers to launch a new fund, The Post has learned. The former…
“#SEC reportedly investigating Archegos Capital” The Securities and Exchange Commission is investigating Archegos Capital Management, the family office run by Bill Hwang that defaulted on margin calls earlier this year, Bloomberg News reported on Friday, citing people familiar with the matter. The securities regulator is probing the firm’s trading activity, including whether it concealed the size of…
“#Protégés of Bill Hwang, behind epic Archegos collapse, plan new fund” Just three months after investor Bill Hwang’s investment firm imploded — leaving Wall Street with billions of dollars in losses — two Archegos Capital staffers are gearing up to test the strategy all over again, The Post has learned. Jensen Ko and Sterling Clay,…