From: Forbes | Topline Breaking News - Friday Apr 02, 2021 01:05 pm
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In 2013, Bill Hwang was determined to pick up the pieces of a once promising hedge fund career that had collapsed. Trading losses during the financial crisis had humbled him and the U.S. criminal conviction of his firm for insider trading had knocked Hwang out of the hedge fund game completely. He closed his Tiger Asia hedge fund, which specialized in Asian internet and media stocks, and lost all his clients.

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