Blackstone-Backed Senrigan Hedge Fund Said to Lose 15% in 1H
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Senrigan Capital Group Ltd., an Asia-focused event-driven fund backed by Blackstone Group LP, lost almost 15 percent in the first six months of this year, according to a performance estimate sent to investors.
Senrigan Master Fund’s net-asset value fell 6.7 percent in June, according to the update earlier this month that didn’t give a reason for the decline, and which was obtained by Bloomberg News. Its assets dropped to about $754 million at the end of June, according to the document, after topping $1 billion at the start of the year.