Hedge Fund News From HedgeCo.Net

Korea’s Top Hedge Fund Freezes $710 Million As Investors Try to Withdraw

(Bloomberg) Lime Asset Management Co., South Korea’s largest hedge fund with about $4 billion of assets, suspended withdrawals from more funds on Monday, freezing a total of $710 million of its portfolio, after the firm said last week it couldn’t sell assets fast enough to meet redemption demands.

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