Burry Says He’s ‘Active in Markets’ After Fund Is Deregistered

Michael Burry said that while his hedge fund firm Scion Asset Management may be deregistered, he’s still active in markets.

“This last go-around was always essentially a friends and family fund,” he wrote in an email to Bloomberg News on Tuesday. “I didn’t market it or treat it like most do, and I wasn’t trying to grow assets by acquiring investors I didn’t already know. I didn’t want the problems I had the first go around with Scion Capital.”