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Flamand’s Hedge Fund Said to Suffer Partner Exits as Assets Fall

Bloomberg – Two partners at former Goldman Sachs Group Inc. trader Pierre-Henri Flamand’s hedge fund will leave the firm after it lost money and assets shrank, two people with knowledge of the decision said. Oliver Haslam and Casper Lund will depart as London-based Edoma Partners LP cuts costs in the face of investor redemptions, said the people, who declined to be identified because the firm is private.

Edoma’s assets fell by about half over the past year to $1.17 billion, according to a note to clients this month that was obtained by Bloomberg News. Its capital will decline further as the total excludes investor redemption requests that haven’t yet been met, said the people.

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