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Peloton to liquidate $2bn hedge fund

Friday, February 29th, 2008

The Australian- PELOTON Partners, the hedge fund founded in 2006 by Ron Beller, a former Goldman Sachs partner, has told investors it is being forced to liquidate a $US2 billion ($2.1 billion) fund of asset-backed securities.Beginning the liquidation process for the Peloton ABS Fund represents a massively life-threatening situation for the company, which last year […]



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