Home Blockchain News OxyContin-Stained Sackler Fortune Too Toxic for This Woke Hedge Fund

OxyContin-Stained Sackler Fortune Too Toxic for This Woke Hedge Fund

by Rss Feed from web
164 views
cryptocurrency news feed

Under fire for fueling the opioid crisis, the billionaire family that controls OxyContin maker Purdue Pharma LP has been booted from a large hedge fund, the Wall Street Journal reports. Hildene Capital Dumps Family Behind OxyContin Fortune Last year, Hildene Capital Management, which manages some $10 billion in client assets, notified Sackler family investment entities that it would no longer handle their money. This overture of socially responsible hedge funding was inspired by an opioid-related tragedy that deeply affected several Hildene employees. Hildene fund manager Brett Jefferson told the Journal: “An opioid-related tragedy affected someone with a personal relationship to

The post OxyContin-Stained Sackler Fortune Too Toxic for This Woke Hedge Fund appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment