A gating war has broken out inside Paige Capital, a hedge fund run by two sisters who appear to only manage the money of one outside investor.
The sisters are aggressively gating his money, sending him an.. intimidating(?) letter that says:
“[W]e are fully prepared to litigate this matter to the bitter end because we will continue to manage your money, and collect management and incentive fees, until this matter is resolved many years hence." Christopher Paige, Paige Capital’s general counsel, defiantly wrote in a March letter, court filings show. “You cannot win because you will spend more litigating than we’re fighting over … we decide the best way to protect the funds, and your opinion is irrelevant.”
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