Are SEC rules behind lock-up flurry?
Tue Feb 1, 2005
Early last month, Louis Bacon's Moore Capital told investors
that it is reopening its closed funds to new investment - but
only on condition that investors agree to a three-year lock-up.
Scott Bommer's SAB Capital also said it, too, is reopening for
two-year money. Tom Sandell's Castlerigg is accepting
replacements for redemptions just so long as the new
ISSN: 2151-1845 / CDC10004H
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