Whale Rock Extends Losses

The once high-flying fund headed by Alex Sacerdote has been struggling to find the right stocks for its portfolio.

Whale Rock Capital is headquartered in Boston, Mass. (Scott Eisen/Bloomberg)

Whale Rock Capital is headquartered in Boston, Mass.

(Scott Eisen/Bloomberg)

Whale Rock Capital Management is poised to post the biggest loss in its 16-year history.

The hedge fund firm headed by Alex Sacerdote is the latest TMT fund to surge and build a huge amount of assets during the FAANG boom, only to surrender a chunk of its gains in less than two years.

According

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