The firm that spun out of hedge fund giant Winton Capital is closing its doors after only two years in business.
According to a Reuters report, Joey Huang and Filip Wuytack’s London-based Henri Capital is shutting down because it is unable to raise capital from investors.
Henri Capital had $100 million in assets when it first launched, however its current size is not known.
Henri is among a slew of hedge funds that have shut down within the past year due to the volatile market and difficult fundraising environment.
Launched in 1997 by David Harding, Winton Capital is one of the largest hedge fund firms in the world with $28 billion in AuM.