Eminence Dabbles in Private Market with Whipclip Funding

In a second-quarter letter, the hedge fund firm’s founder, Ricky Sandler, describes investment and his so-far struggling 2015 portfolio.

Stephen Taub December 17, 2025

Ricky Sandler’s New York-based Eminence Capital recently made a new private investment, joining the expanding ranks of hedge fund managers dipping into this illiquid market to boost returns. In his second-quarter report sent to clients and obtained by Alpha, Sandler said that in July

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