Ritchie to shutter energy fund
Tue Nov 7, 2006
Ritchie Capital is planning to close its troubled Ritchie
Energy portfolio after having received redemption requests that
represented most of the fund’s capital.
According to a letter sent to investors by firm
founder A.R. Thane Ritchie on November 6, "the Energy Fund
cannot continue to operate in the ordinary course and must
return capital to Investors as promptly as possible."
ISSN: 2151-1845 / CDC10004H
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