May 14, 2026 at 7:08 PM UTC

Perbak Capital Partners, a UK-based hedge fund backed by Schonfeld Strategic Advisors, is winding down after determining its assets haven’t grown enough to maintain a “significant financial buffer” to protect the business.

Perbak ran two short-focused equity funds and managed about $1.1 billion of assets, including money for Schonfeld, according to people familiar with the matter, who asked not to be identified because the information is private.

Extracted and lightly reformatted for readability. · Source: en