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Nishant Kumar announced he is starting a podcast and that the first episode features a conversation with Bobby Jain. In the podcast, Jain discusses his decision to partner with Millennium, what that deal suggests about the future of hedge funds, and how AI, scale, and talent are reshaping the industry.
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Kumar has recently reported on how Arini and Sona hedge funds faced losses due to a downturn in junk-debt markets. He also noted that Said Haidar’s macro hedge fund posted an 11.5 percent loss in October. These developments highlight recent challenges for hedge fund managers.