Media Mentions
SRZ Partner Jason Kaplan Quoted in The Wall Street Journal: “Crossover Hedge Funds Lost Big in 2022. They’re Still Launching in 2023.”
January 15, 2023
In a recent article by Juliet Chung for The Wall Street Journal, Schulte Roth & Zabel partner Jason Kaplan shared his thoughts on the resiliency of crossover hedge funds.
Despite facing percentage losses in 2022 that resembled those that caused many funds to close in 2008, the firms have been relatively resilient. According to Jason, “[h]istorically you would have seen runs on the bank,” but with the additional stability private investments provide, he predicts that “[m]any of these firms will survive the difficult 2022 and be in a position to make money on the upswing.”
Read the article here.
