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Bridgewater’s McCormick says hedge fund is long U.S. Treasuries

Reuters – Blackstone Group LP, one of the world’s biggest hedge fund investors, is now giving retail clients a taste of these normally exclusive portfolios through a new mutual fund.

The Blackstone Alternative Multi-Manager Fund (BXMXX) will be run by the company’s hedge fund unit and be advised by nearly one dozen hedge funds, including Two Sigma Advisers, HealthCor Management and Good Hill Partners, the company said in a statement on Tuesday.

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