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Bill Hwang. Sung Kook Hwang[1] (Korean: 황성국), also known as Bill Hwang, [2] is a Korean-born American investor, trader and convicted fraudster. [3][4] He ran Archegos Capital Management, whose default on March 26, 2021 caused major losses to several notable investment banks. In April 2021, The Wall Street Journal reported that Hwang had ...
Defaulted on margin calls. Headquarters. New York City, New York [1] Archegos Capital Management was a limited partnership [1] family office that managed the personal assets of Bill Hwang, [2][3] at one time managing over $36 billion in assets. [4] On April 27, 2022, Hwang was indicted and arrested on federal charges of fraud and racketeering. [5]
In 2001, Hwang launched his own hedge fund business, Tiger Asia Management. The fund grew quickly, but then losses and regulatory issues in Hong Kong and the United States led the firm to shut in ...
Founded in 2001 and formerly known as Tiger Asia, Hwang’s firm was a so-called “Tiger Cub”, a money manager launched by alumni of Tiger Management, the hugely successful hedge fund run by ...
Bill Hwang is quite a character (more on that in a moment). ... In 2012, he pleaded guilty to wire fraud related to his Tiger Asia Management hedge fund, which had been ensnared in an insider ...
Tiger Asia Bill Hwang Inactive 2001–2012 Tiger Global Management: Chase Coleman III: Active 2001–Present Torrey Pines Capital Management Robert Jafek Inactive 2002–2010 Toscafund Asset Management: Martin Hughes Active 2000–Present Touradji Capital Management: Paul Touradji Active 2005–Present Viking Global Investors
Bill Hwang, founder of Archegos Capital Management, was found guilty of fraud Wednesday by a Manhattan federal court after the 2021 collapse of his investment firm wiped billions of dollars off ...
Bill Hwang looked straight ahead as the verdict was read, taking several sips of water as the jury found him guilty of 10 criminal counts. Federal prosecutors in New York said Hwang and his co ...