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Hedge fund could be back for seconds

Monday, December 14, 2009 : Permalink

The Sydney Morning Herald – The former Babcock & Brown affiliate Everest Capital looks set to face another challenge. There is talk at least one rival investment firm is hoping to snare control of another of the embattled group’s funds.

It is rumoured the same Isle of Man-domiciled hedge fund that wrested management control of the listed Everest Babcock & Brown Alternative Investment Trust in February is looking for seconds.

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