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
* First published on ccn.com
