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HBK’s gate goes up, as March redemptions hit $2.1 billion

February 15, 2008  



Requests to redeem investments in funds run by HBK Capital Management have exceeded the firm’s 10% gate, so investors who’ve asked for $2.1 billion of their money back at the end of March will only get about 55% of the capital at that time. HBK managed $12.5 billion on January 1....

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