Wimbledon and the Art of Risk Management

Plus: Hedge Fund Closures, KKR/Global Atlantic, Rocket Mortgage

Welcome to issue #8 of Net Interest, my newsletter on finance industry themes, and hello to all new subscribers — you join a growing community of over 2,000 net interesting people. Each week I deep-dive into one theme and highlight a few others. This week the deep-dive connects Wimbledon to ideas around risk. If you know anyone who may be interested in this or any of the other themes addressed over the past few weeks, feel free to forward and invite them to subscribe. Thanks!

Wimbledon and the Art of Risk Management

This weekend should have been Wimbledon finals weekend. Maybe Roger Federer would have extended his record to nine wins in the men’s. Or the tournament could have done what it does best and throw up a surprise like Simona Halep’s resounding victory over Serena Williams last year. Alas, we’ll never know. For the first time since the Second World War, the All England Lawn Tennis Club took the decision to cancel.

Not that the Club will be out of pocket. Unlike most other major e…