The 26-year-old dropout flies over the hedge fund field

Eva Shang does the hedge fund thing her own way. That means making money but also taking the time to blog about dreams, her labradoodle, and her fear of becoming a Silicon Valley has-been at 26.

Legalist Inc., Ms. Shang’s technology investment firm, has raised about $400 million in the past six months. His funds focus on private debt, a hot spot on Wall Street populated mostly by men from top investment banks and private equity firms.

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