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Career Resources
Shit 2018, then mediocre 2019->2021. One of the founder left. Strategy doesn’t work (market neutral with a bunch of generalist tourists)
How are they doing now?
"After 25 years in business, equity manager Scopia Capital is unwinding its hedge fund and a companion long-only vehicle. The New York firm, which once ran more than $3 billion, had been trying to stay afloat since Millennium Management pulled $1 billion earlier this year and since the defection of four staffers who started their own hedge fund operation, Meraki Capital.
Scopia isn’t shutting down entirely, at least for now. It continues to run just over $200 million of gross assets in a pair of less liquid private equity vehicles. Scopia hadn’t been performing terribly. Co-founders Jeremy Mindich and Matt Sirovich told investors in a letter this week that the long/short fund has delivered a 10% annualized return over the past five years, but assets continued to dwindle, making the economics unworkable."
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