Senfina Advisors Shut Down By BlackRock Advisors Over Its Steep 2016 Losses.
On December 20, 2016, Blackstone Group LP, the large asset manager, announced that it was shutting down its two-year old Senfina Advisors after it lost 24 percent in 2016. The $1.8 billion Senfina Advisors was an in-house multi-manager fund that was supposed to offer a fund of the firm’s best ideas across different management teams. The independence of the teams was supposed to keep the risk and potential for losses under control.
If you were a Senfina Advisors’ investor who suffered a loss, you may wish to contact us to discuss any legal rights you may have to recover your loss. You can contact Jake Zamansky by telephone at (212) 742-1414 or by email at email@example.com.