Muddy Waters Plots Its Next Big Move

Famed short seller Carson Block plans to move beyond his activist roots to create a multi-strategy firm — and move to New York City.

Carson Block (Anthony Kwan/Bloomberg)

Carson Block

(Anthony Kwan/Bloomberg)

After nine years as an activist short seller based in San Francisco, Carson Block plans to move his Muddy Waters firm to New York City next summer as part of a long-term plan to transform the franchise.

“I see an opportunity to turn our firm over time into a platform, eventually becoming a multistrategy firm,” Block told Institutional Investor in an interview about his plans.

Muddy Waters started out as a research firm that became famous for its 2011 takedown of Chinese company Sino Forest.

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