GeneralMedium•5 November 2026•
1 min read
Walleye Capital Returns Capital and Fires Equities Head Following Sharp Losses
Key Facts
1Walleye Capital recorded a 5.9% loss in October, its worst since March 2020, bringing year-to-date losses to 6.8%.
2The fund decided to return a portion of capital to investors and dismissed head of equities Anil Gondi along with a substantial portion of investment teams.
Walleye Capital recorded a 5.9% loss in October, marking its worst monthly performance since March 2020 and bringing year-to-date losses to 6.8%. Bloomberg reported that the $17 billion multi-strategy hedge fund has decided to return a portion of capital to investors and downsize its internal equities business.
The restructuring included the dismissal of head of equities Anil Gondi along with a substantial portion of the investment teams. Regarding market performance, NMR closed at $9.79 on November 4, 2026, as the fund pivots to focus on core strengths such as volatility trading following the exit from underperforming equity strategies.