If you've ever invested in a fund or thought about it, you know the goal is growth and stability. But what happens when a major investment fund, like Eminence Capital, decides to shut its doors, even after years of success?
Eminence Capital, a prominent hedge fund, recently announced it's closing its main fund after 24 years.
Founded by Ricky Sandler in 1999, Eminence Capital managed billions of dollars.