Peter Thiel's Hedge Fund Clarium Still Imploding

Peter ThielI’ve still got Facebook.

More bad news for Facebook’s early investor Peter Thiel: His hedge fund is still imploding.As of March 26, per a weekly update document at Zero Hedge, Clarium was down about 5% for the year, versus up 5% for the S&P 500.

That follows a 25% decline last year.

Peter’s hedge fund peaked with more than $7 billion of assets.  As of the end of last year, this had dropped to $1.3 billion.  We expect it’s considerably lower now.

Just not a good time to be calling for the end of the world.

See Also: Peter Thiel’s Hedge Fund Drops 25% In 2009, Assets Streaming Out Door

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

facebook sai-us