Bear Stearns to close event-driven fund

Fri Jun 6, 2008

Bear Stearns Asset Management is closing its event-driven fund following poor performance and in the wake of the firm’s acquisition by JPMorgan.

BSAM will close the Bear Stearns Focused Opportunities Fund, managed by Kenneth Cavazzi and Erik Jacobson. BSAM has not determined the exact timing of the shutdown.

The managers have had...

ISSN: 2151-1845 / CDC10004H

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