The former Archegos financiers Jensen Ko and Sterling Clay launched AriseN Partners late last year, according to a filing with the Securities and Exchange Commission.
— leaving Wall Street with billions of dollars in losses — two of Hwang’s protégés have hired some of their former Archegos peers to launch a new fund, The Post has learned.
The former Archegos financiers Jensen Ko and Sterling Clay launched the new shop — AriseN Partners — late last year, according to aAccording to three AriseN employees’ LinkedIn profiles, multiple people have been working at the fund since July. In the October SEC filing, the founders declined to divulge information on revenue. The filing revealed AriseN is a registered hedge fund and a limited partnership, but other information was scarce. Ko declined to comment to The Post.
The fund is headquartered on Sixth Avenue — just two blocks away from the Archegos office Seventh Avenue. A person close to the situation told The Post it’s almost Archegos 2.0 — with many of the same people — and is “basically like a family office” for the founders. Bill Hwang lost billions on his family office Archegos Capital — and his former employees are hoping for a fresh start.