{"id":4755,"date":"2026-04-24T20:35:49","date_gmt":"2026-04-24T20:35:49","guid":{"rendered":"https:\/\/stock999.top\/?p=4755"},"modified":"2026-04-24T20:35:49","modified_gmt":"2026-04-24T20:35:49","slug":"ricky-sandler-shuttering-eminence-capital-after-27-year-run","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=4755","title":{"rendered":"Ricky Sandler shuttering Eminence Capital after 27-year run"},"content":{"rendered":"<p><img src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/04\/GettyImages-953626640-e1777060015285.jpg?w=2048\" \/><\/p>\n<p>Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning cash to investors after a 27-year run.\u00a0<\/p>\n<p>\u201cOver the last few years, it has become increasingly difficult to apply our rigorous bottom-up investment process to rapidly shifting market conditions and an evolving market structure,\u201d Sandler wrote in a letter seen by Bloomberg. \u201cWe believe that in recent years we have fallen short of our very high standard and your expectations.\u201d<\/p>\n<p>His fund has posted disappointing returns and the high costs of retaining talent and building out necessary infrastructure made continuing the firm too difficult, Sandler wrote.\u00a0<\/p>\n<p>A representative for the firm declined to comment.<\/p>\n<p>Eminence has suspended redemptions in order to facilitate an orderly wind down, Sandler said in the letter. Cash distributions of at least 75% of each Eminence fund\u2019s net asset value are expected by mid-to-late June.\u00a0<\/p>\n<p>\u201cI am tremendously proud of the Eminence team for the business and culture we built and the quality of our investor base,\u201d Sandler wrote. \u201cThe Firm has been far more than a professional endeavor to me. It has been a defining part of my life.\u201d<\/p>\n<p>Eminence manages about $7 billion.<\/p>\n<p>The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what\u2019s next for the American economy, Nov. 16-17 in Detroit. Apply here.<br \/>\n<br \/>#Ricky #Sandler #shuttering #Eminence #Capital #27year #run<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning cash to investors after&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[9926,3614,960,9925,9920,9921,547,9922,65,9923,9924],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4755"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4755"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4755\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}