Hedge Fund News From HedgeCo.Net

Roc Capital Said to Shutter Main Hedge Fund After Losses

Bloomberg – Roc Capital Management LP, the hedge-fund firm that counted Deutsche Bank AG (DBK) and the daughter of billionaire Lakshmi Mittal among its investors, is liquidating its main fund after losing money, according to a person with knowledge of the firm.

The firm has already started selling its holdings and is scheduled to return all money to clients in the coming weeks, said the person, who asked not to be identified because the firm is private. New York-based Roc managed about $642 million as of March 1.

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