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Devaney’s Funds Wiped Out After United Capital Gets Margin Call

Bloomberg- John Devaney is liquidating hedge funds at his United Capital Markets Holdings Inc. after failing to meet a margin call from Deutsche Bank AG. Deutsche Bank seized and auctioned off...

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Pimco’s Gross Says Harvard, Yale May Need to Alter Investments

Bloomberg – Yale University and Harvard University may have to cut investments in hedge funds and private equity because the risks of holding the hard-to-sell assets outweigh the returns, said Bill...

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Ex-Pimco Palghat to Double Assets in Fixed-Interest Hedge Fund

Bloomberg – Kapstream Capital, Australia’s biggest fixed-income hedge fund, will almost double assets under management in the next month as pension funds seek returns in all market conditions. The...

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