Walleye and Engineers Gate Post October Losses; Both Make Equity Changes
Photo: TokenPost
Walleye Capital and Engineers Gate posted October losses after a sharp selloff in U.S. technology stocks. Walleye dismissed an equity strategy head, while Engineers Gate eliminated an investment team. Walleye, which manages about $17 billion, lost 5.9% in October. It dismissed Anil Gondi, the head of its equity long-short strategy, and plans to return part of its capital to investors. The dismissal is complete, while the capital return is planned. Engineers Gate lost 5.5% in October and eliminated its Synthesis equity investment team.
Source: TokenPost
