Sapourn to liquidate hedge funds after heavy redemptions

Thu Oct 28, 2004

This week, Florida-based management firm Sapourn Financial Services, LLC, announced it will liquidate its two hedge funds, which employed the controversial mutual fund timing strategy.

The funds were performing well, according to portfolio manager Mike Sapourn, with the Added Performance LP fund...

ISSN: 2151-1845 / CDC10004H

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