Corriente adds 2-year lock following record 2006 return

Thu Mar 1, 2007



Corriente Advisors, the high-performing shop founded by Mark Hart, has imposed a two-year lockup on money from new investors following record performance in 2006 of 81.65%.

The $280 million Fort Worth-based firm will apply the lock on money from new clients starting April 1. Existing clients will be able to continue investing under the fund's previous terms, which require capital to remain with the fund until the end of...

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