KASE CM IS CLOSING ITS DOORS – @Whitney Tilson, founder of Kase Capital Mangement, sent a letter to clients on Sunday stating he is closing his hedge fund. The firm at its peak managed around $180m, however funds have fallen to as low as $50m on the back of some poor performances, reports suggest as low as -8%, even with the S&P gaining 12%. Tilson states in a letter to investors, “If I were managing only my own money, the fund’s recent results wouldn’t bother me quite so much, reporting sustained under-performance to you was making me miserable.” Tilson is unsure what he is going to do next but expects to stay within the investment field. #SpartanInternational