Remember how last night we totally told you something was up at AQR? Well, this morning Roddy Boyd and Zach Kouwe of the New York Post have a bit more color.
AQR Capital Management, the giant Greenwich-based hedge fund, has been forced to shelve its planned initial public offering after a dismal performance caused several large investors to pull their cash from the firm's $38 billion fund, The Post has learned.
See! We told you. Next time, listen to us. Also, we're a bit worried about you. You may be drinking too much.
Clipped Hedge Fund AQR Pulls Offering [New York Post]