Wednesday October 28, 2020

Pilot View’s Atlas fund drops 70%

Wealthy individuals who piled into Pilot View Capital’s Atlas hedge fund have seen almost 70 per cent wiped off the value of their investment in the ten months since the fund was launched.

8th December, 2007

Wealthy individuals who piled into Pilot View Capital’s Atlas hedge fund have seen almost 70 per cent wiped off the value of their investment in the ten months since the fund was launched.

The investors ploughed a minimum of €250,000 each into the Atlas fund, only to see the value of their stakes plunge to about €80,000 at the end of November.

The value of their holdings has plunged due to a toxic combination...

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