Gruss shuts distressed fund, opens first long/short

Thu Aug 25, 2005



August has been an eventful month for $1.5 billion Gruss Asset Management, with one strategy shutting down and another launching.

The $200 million Gruss Distressed Opportunity Fund is in the process of being liquidated - with the remaining securities expected to be sold off by the end of...

ISSN: 2151-1845 / CDC10004H

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