Who Wants A Piece Of A Hedge Fund Being Investigated For Insider Trading?

Visium Asset Management is fielding offers!

Full disclosure: It’s also down 10.5% this year and facing massive redemption requests. So…. any takers? Actually, maybe!

Visium Asset Management LP has talked to potential buyers in recent weeks about a stake in the firm or a larger deal, these people said. The potential investors include New York-based asset manager AllianceBernstein LP, the people said.

Visium Considers Sale Amid Investigation Into Alleged Insider Trading [WSJ]
Earlier: Preet Bharara Ready To Prove Insider Trading Still Exists