Elm Ridge limiting redemptions through gate
Fri Jun 23, 2006
Ron Guttfleish's value-oriented Elm Ridge Capital Management
has apparently already activated a gate that was set up earlier
this year to control redemptions in any given quarter.
The gate provision introduced to investors last January
called for a relatively tight 10% limit on total fund
redemptions at any quarterly redemption date. As...
ISSN: 2151-1845 / CDC10004H
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