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"Singaporean Hedge Fund 3AC Crumbles Under Bear Market Pressure, but Founders Thrive in Carnival of Chaos"

Former Hedge Fund Manager Finds New Passion in Food Industry

Three Arrows Capital (3AC), a Singaporean hedge fund that was worth an estimated $10 billion at its peak, suffered a major blow during the bear market last year. However, the aftermath of the firm’s collapse has created a new opportunity for its co-founders. Kyle Davies, one of the co-founders, has found solace from the experience by transitioning into the food industry. After much turmoil, Davies has become an aspiring restaurateur with a focus on perfecting the art of cooking chicken.

Davies has been open about his struggles with the collapse of 3AC. In an interview with The Business Times, he described it as a “traumatic experience.” However, he has found a new sense of purpose in his current venture. Davies’ restaurant, called “Chimichicken,” serves a variety of chicken dishes, including wings, burgers, and sandwiches.

Davies’ passion for food started at a young age. He grew up in a family of foodies and was exposed to a diverse range of cuisines. However, it wasn’t until after the collapse of 3AC that he decided to pursue his passion for cooking. Davies enrolled in culinary school and spent months perfecting his recipes.

Despite the challenges of starting a new business during a pandemic, Chimichicken has been successful. The restaurant has received positive reviews from customers and food critics alike. Davies attributes the success of the restaurant to his focus on quality ingredients and attention to detail.

Davies’ transition from hedge fund manager to restaurateur is not unique. Many people have found new passions and careers after experiencing setbacks in their professional lives. However, what sets Davies apart is his willingness to be open about his struggles. He hopes that by sharing his story, he can inspire others to pursue their passions and find happiness in their work.

In conclusion, Kyle Davies’ journey from hedge fund manager to restaurateur is an inspiring one. Despite the challenges he faced, he was able to find a new sense of purpose and create a successful business. His story serves as a reminder that setbacks can be opportunities for growth and that pursuing one’s passions can lead to fulfillment and happiness.

Martin Reid

Martin Reid

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