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Chris Hansen’s hedge fund posts second consecutive quarterly loss

Seattle Times – Chris Hansen has another problem besides the NBA owners and league commissioner David Stern: The hedge fund that positioned him to lead a bid for the Sacramento Kings has lost money for the second consecutive quarter while the stock market soared.

Valiant Capital Management, the hedge fund Hansen runs, posted an 8.7 percent net loss for the first quarter across its holdings, the finance blog Institutional Investor’s Alpha reported Monday.

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