They blame the composition of a fund's board.
In the end, the fund's clients lost approximately $9 million.
The deadly riots in Argentina, the collapse of its government and another multibillion dollar bailout gone awry have raised fresh questions about the effectiveness of the International Monetary Fund and the financial policies of the United States, the fund's leading shareholder.
Most of these reforms are going down well with the Fund's shareholders.
The fund's headquarters are listed in Houston, according to the filing.
The hedge fund's losses were spectacular: around $4 billion in five weeks.
Ljungman does mention US investment company Cendana is the fund's main backer.
He chalks that up to both the fund's successes and to the nature of its approach.
In December, Matthew Granade, who oversaw the fund's data efforts, left amid a firm reorganization.
Speaking after the loan was approved, Mr Leakey was anxious not to be seen as the Fund's hatchet man.
Despite everything that's gone on lately, the fund's performance has actually improved in recent months, according to SoftBank.
The draft documents outline a 1.5% management fee for the fund's first year, down to 1% subsequently, and 10% carried interest.
In contrast, the fund's general partners (GPs) are responsible for managing and executing the fund's investments.
He also was in charge of the fund's engineers and the chief technology officer for the fund's private investments.
Investors who mutually contribute to the fund company become part owners of the fund's portfolio and the income it generates or loses.
It is found by dividing the total value of the fund's assets (cash and securities) by the number of the fund's outstanding shares.
Bisserier says that the stock portion, about 30% of the fund's assets according to Morningstar, includes some commodity producers to gain exposure to underlying commodities like oil.
However, Byers and other investors say that the strategy isn't sustainable, because their fund's investors want the fund to spread money over as many young, unproven startups as possible to reduce the amount of money lost when some of those startups fail.
Ellen Hukkelhoven, an analyst at $8.8 billion Perceptive, presented at Wednesday's Sohn Conference about BridgeBio, the firm's flagship hedge fund's third biggest position, revealing how the company matched up "perfectly" with what Perceptive looks for in a biotech investment.
"Uber's lobbying is not only substantial, geographically extensive and highly innovative, but is profoundly controversial and raises critical questions over the sustainability of the company's business model," Ken Hall, the fund's general secretary-treasurer, wrote in the letter.
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