Michael Burry Joins Minerva Investment Management to Focus on Short-Biased Strategies
Michael Burry, known for his bearish bets and role in the housing market crash of 2008, is returning to short selling as a senior adviser at Minerva Investment Management. The firm plans to launch a new short-biased investment vehicle amid growing demand from institutional investors seeking downside exposure strategies. Burry recently liquidated Scion Asset Management after its regulatory registration was terminated in November 2025 and has since focused on his paid newsletter, 'Cassandra Unchained.' His recent criticism targets the AI sector, particularly companies like Nvidia (NVDA) and Palantir Technologies (PLTR), citing concerns over depreciation assumptions used by tech firms investing heavily in AI infrastructure. Minerva was founded to meet demand for short strategies. Lakshmi Ganapathi of Unicus Research has been building this capability for years with a global client base, and Burry's involvement adds credibility as the firm transitions into managing capital against its bearish research.
Topics: hedge funds Michael Burry Minerva Investment Management short selling