OxyContin-Stained Sackler Fortune Too Toxic for This Woke Hedge Fund21.6

Under fire for fueling the opioid crisis, the billionaire family that controls OxyContin maker Purdue Pharma LP has been booted from a large hedge fund, the Wall Street Journal reports. Hildene Capital Dumps Family Behind OxyContin Fortune Last year, Hildene Capital Management, which manages some $10 billion in client assets, notified Sackler family investment entities that it would no longer handle their money. This overture of socially responsible hedge funding was inspired by an opioid-related tragedy that deeply affected several Hildene employees. Hildene fund manager Brett Jefferson told the Journal: “An opioid-related tragedy affected someone with a personal relationship to

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https://www.ccn.com/oxycontin-stained-sackler-fortune-too-toxic-for-this-woke-hedge-fund

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