Redemption requests massively reduce Highbridge assets
Fri Dec 5, 2008
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Highbridge Capital Management is among the latest victims of
the seemingly endless flow of redemptions investors have been
levying on hedge funds in recent weeks. Faced with redemption
requests for 36% of the firms flagship Highbridge Capital
fund, which is down roughly 25% so far this year, assets under
management could fall to roughly $6 billion, from a onetime
high of $15 billion....
ISSN: 2151-1845 / CDC10004H
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