John A. Levin to wind down event-driven fund

NEW YORK, Oct 18 (Reuters) – Hedge fund manager John A. Levin & Co. (BKF.N: Quote, Profile, Research) on Tuesday said it will wind down its “event-driven” investment fund, after key people said they would resign from the firm.

John A. Levin, a unit of BKF Capital Group, said the event-driven portfolio makes up about 17 percent of its assets under management. It listed assets of $13.6 billion earlier this year.

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