While a number of funds are suffering the wrath of
tempestuous markets, many that were previously closed to new
investments -- including vehicles run by such pedigreed firms
as Marathon Asset Management, York Capital Management, SAC
Capital Advisors and Camulos Capital - have put out the welcome
mat in a play to take advantage of opportunities arising from
the subprime mortgage fiasco.
Marathon, the $7 billion hedge fund operation founded by
Bruce Richards and Louis Hanover, recently began accepting
additional capital for two of...