London Hedge Fund Firm Everett Capital to Return Investors’ Cash
- Veteran money manager Kelly Hampaul founded the firm in 2015
- Everett Capital made money by wagering on corporate events
Photographer: Thomas Trutschel/Photothek via Getty Images
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Hedge fund firm Everett Capital Advisors, founded by industry veteran Kelly Hampaul, is returning capital to investors, according to people with knowledge of the matter.
Hampaul, a former money manager at New York-based Taconic Capital Advisors, started Everett in 2015. He began trading with about $140 million and grew assets to more than $600 million by 2018, according to investor documents seen by Bloomberg. That made it one of the more successful European startups in recent years.