Redemption requests massively reduce Highbridge assets

Fri Dec 5, 2008



Normal 0 false false false MicrosoftInternetExplorer4 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 firm’s 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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