We've finally found the perfect metaphor for the abysmal performance and massive redemptions that plagued the hedge fund industry in 2018.

The founder of Singapore-based Helios Capital Management fell into an open manhole outside a shopping mall in Mumbai on Thursday. Fortunately, Samir Arora wasn't hurt, and managed to save himself thanks to his quick reflexes as he managed to cling to the sides of the manhole and pull himself out. He suffered only minor scratches.

Thank you Neeraj. It was scary as hell (and smelly). Was within micro seconds of disappearing. Quick reflexes and shape of manhole gave me second life.



Guys and gals- be careful in life and remain safe. Yeh hai Mumbai meri jaan and was close to taking my jaan. https://t.co/6RX3M2GatS — Samir Arora (@Iamsamirarora) April 26, 2019

I am fine. Only minor scratches for which I got an injection.

Basically I was able to-how I don't know- hold on to the 2 sides while being inside till chest level and then got pulled out.



Thank you all and thank God. https://t.co/P6ruJUwkhk — Samir Arora (@Iamsamirarora) April 26, 2019

He joked that if city workers find his Samsung phone, which he lost during the incident, they could keep it. All in the all, the incident was "scary as hell."

If BMC finds my Samsung phone in the drain they can keep it with my compliments. — Samir Arora (@Iamsamirarora) April 26, 2019

And rightfully so. According to Bloomberg, a city doctor fell into a manhole on a flooded street in Mumbai back in 2017 and died. He was just minutes away from his home. More recently, a bridge collapse in the city killed half a dozen people.

Prime Minister Narendra Modi’s Bharatiya Janata Party has pledged to spend $1.44 trillion to upgrade infrastructure and living standards in Mumbai if it returns to power after this month's general election.

Adding a comic twist to the story, the local government tried to deny the existence of the manhole, but Arora replied with its exact location.

The open manhole was outside the office of Phoenix Mills located at

Shree Laxmi Woolen Mills Estate, R.R Hosiery Building, Off Dr. E. Moses Road, Mahalaxmi, Mumbai https://t.co/yRoDcCWoj3 — Samir Arora (@Iamsamirarora) April 26, 2019

Hopefully, it will get mended, and the city won't simply deny its existence.