Bloomberg Law
April 2, 2021, 12:34 AM

God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street

Katherine Burton
Katherine Burton
Bloomberg News
Hema Parmar
Hema Parmar
Bloomberg News
Sridhar Natarajan
Sridhar Natarajan
Bloomberg News

With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.

It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.

In the days before the pandemic, 20 or 30 people would squeeze together around the long table and, over coffee and Danishes, listen to recordings of the Bible, according to people who were there.

First might come the Old Testament, perhaps Isaiah or Lamentations. ...