Thomas Rice knew he had to move quickly. Richard White, the billionaire founder and chief executive of logistics software company WiseTech Global, had been accused of bullying and misconduct.
It was October, and Rice’s Minotaur Capital Global Opportunities Fund had traded for just five months. Rice swiftly went short on the one-time sharemarket darling.
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Alex Gluyas is deputy markets editor and a reporter based in our Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com
