Hedge Funds: Eisler Stops Out Pod After Loss Erases 2025 Gains

Welcome to the Hedge Funds Brief, your weekly read on the industry, including market calls, personnel moves and performance.

Headlines

Eisler Capital’s portfolio manager Barry Piafsky and his team have been stopped out from trading after they lost millions of dollars during the ongoing market selloff.

Tudor trader Alexander Phillips lost about $140 million in April through last week as Trump’s tariff barrage hammered financial markets, including US Treasuries.

Coatue avoided sharp losses amid the global stock-market upheaval unleashed by Trump’s trade war.

ExodusPoint dismissed portfolio manager Dmitry Balzac after wild market swings led to widespread losses for many yen ...