Wednesday, January 21, 2009

Hedge Fund Investors Miraculously Pull Out $152 Billion Despite Gates in Q4

Bloomberg is reporting that last quarter investors withdrew $152 billion from hedge funds. While i have read about 10 different version of this number (anywhere from $100 to $300 billion) this is amazing considering that virtually every hedge funds has gated redemptions. One can only imagine how many times bigger this number would have been if hedge fund managers did the honorable thing and actually gave investors full access to their funds. Sphere: Related Content
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