Those are Billion dollar funds, those are large fish:)

Troluce and Axebrook had more than $1.5B pulled from them by Millennium.

Walleye is a $17B AUM fund.

> there are like a zillion of these pod shops and tiny firms. doesn't mean much. wake me up when a big fund fails

I get that not everyone knows the industry but consider this your wakeup call:)

The names are well known, the most surprising one for me is Axebrook. ITD from 2020 the Credit Alpha fund is like 1.3 Sharpe.

This and Arini in the same year is pretty bad for credit managers.

I mean if you have 1000+ firms, statistically , some will fail no matter what? Like, selling to many calls in a rally, or too many puts in a correction etc.