Sandell postpones event-driven launch

Fri Jan 6, 2006



Sandell Asset Management, the $4.5 billion New York hedge fund shop, has postponed the launch of its Castlerigg Global Select Fund as the firm waits to see whether mandatory U.S. Securities and Exchange Commission registration survives an ongoing legal challenge.

All domestic hedge fund advisory firms overseeing $30 million or more and that serve more than 14 clients are required to register with...

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