SAC, Greenlight seek to raise cash

Fri Oct 31, 2008




The volatile hedge fund market has created an opportunity for investors, who are seeing funds that have been closed to new investors for years opening to new money. Some investors are taking the opportunity to shift cash into marquee names.

According to investors, funds now willing to take new money include Steven Cohen’s SAC Capital Advisors, David Einhorn’s Greenlight Capital and Paul Singer’s Elliott Associates.

"I don’t think...

ISSN: 2151-1845 / CDC10004H

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