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	<title>Hedge Fund News From HedgeCo.Net &#187; Closing Hedge Funds</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Tennenbaum Capital Partners Announces Final Close On $530 Million Hedge Fund</title>
		<link>http://www.hedgeco.net/news/08/2011/tennenbaum-capital-partners-announces-final-close-on-530-million-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/08/2011/tennenbaum-capital-partners-announces-final-close-on-530-million-hedge-fund.html#comments</comments>
		<pubDate>Tue, 30 Aug 2011 12:41:39 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=24375</guid>
		<description><![CDATA[New York (HedgeCo.net) &#8211; Los Angeles-based multi-strategy hedge fund manager, Tennenbaum Capital Partners LLC., has announced the final close of the Tennenbaum Opportunities Fund VI, LLC.  With capital commitments of $530 million from new and existing limited partners, the fund will focus on discounted and debt-for-control oriented market opportunities as well as complex, directly-originated financings. [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/08/2011/tennenbaum-capital-partners-announces-final-close-on-530-million-hedge-fund.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gartmore reinstates star fund manager Guillaume Rambourg</title>
		<link>http://www.hedgeco.net/news/04/2010/gartmore-reinstates-star-fund-manager-guillaume-rambourg.html</link>
		<comments>http://www.hedgeco.net/news/04/2010/gartmore-reinstates-star-fund-manager-guillaume-rambourg.html#comments</comments>
		<pubDate>Wed, 28 Apr 2010 12:25:26 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Syndicated]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=15399</guid>
		<description><![CDATA[Telegraph &#8211; The Frenchman’s reinstatement a month after his suspension came as Gartmore’s head of compliance Gerry Harvey left the quoted fund manager. Mr Rambourg’s suspension sent shockwaves through the market and shares plunged in Gartmore, where he and fellow fund manager Roger Guy regularly generated about 40pc of group revenues controlling about a fifth [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>UPDATED: Advisers Charged With $160 Million Nadel Related Hedge Fund Fraud</title>
		<link>http://www.hedgeco.net/news/01/2010/advisers-tcharged-with-160-million-nadel-related-hedge-fund-fraud.html</link>
		<comments>http://www.hedgeco.net/news/01/2010/advisers-tcharged-with-160-million-nadel-related-hedge-fund-fraud.html#comments</comments>
		<pubDate>Tue, 12 Jan 2010 11:15:21 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Hedge Fund Fraud]]></category>
		<category><![CDATA[HedgeCo News]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=13632</guid>
		<description><![CDATA[New York (HedgeCo.net) &#8211; The SEC has charged two investment advisers with securities fraud for misleading investors about the financial condition of three hedge funds they managed, and misrepresenting that they controlled the funds&#8217; investment and trading activities when in fact they were being handled by Arthur G. Nadel. The SEC alleges that Sarasota, Fla.-based [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Future Crisis Worries &#8211; Hedge Fund Compliance Survey</title>
		<link>http://www.hedgeco.net/news/01/2010/13630.html</link>
		<comments>http://www.hedgeco.net/news/01/2010/13630.html#comments</comments>
		<pubDate>Mon, 11 Jan 2010 15:14:55 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[hedge-fund-research]]></category>
		<category><![CDATA[HedgeCo News]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=13630</guid>
		<description><![CDATA[Three quarters of the world’s senior banking and compliance officers polled as part of a wide-ranging survey by Complinet, a hedge fund compliance company, said they are expecting the next financial crisis will strike within the first half of this decade, the company said. The survey found that the majority of regulatory experts questioned predicted [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds County Once Championed Now Prove Too Risky</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-funds-county-once-championed-now-prove-too-risky.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-funds-county-once-championed-now-prove-too-risky.html#comments</comments>
		<pubDate>Mon, 22 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[aggressive strategy]]></category>
		<category><![CDATA[bets]]></category>
		<category><![CDATA[chargers]]></category>
		<category><![CDATA[declines]]></category>
		<category><![CDATA[employees retirement association]]></category>
		<category><![CDATA[financial derivatives]]></category>
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		<category><![CDATA[fund portfolio]]></category>
		<category><![CDATA[game]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[pension board]]></category>
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		<category><![CDATA[san diego county]]></category>
		<category><![CDATA[san diego san]]></category>
		<category><![CDATA[swaps]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Voiceof San Diego &#8211; San Diego County&#8217;s pension fund is slashing its $1 billion hedge-fund portfolio and acknowledging that the investments it once championed have become too risky and no longer make sense. The board of the San Diego County Employees Retirement Association voted unanimously Thursday to reduce the size of its hedge-fund portfolio by [...]]]></description>
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		</item>
		<item>
		<title>KBC to cut some hedge fund-related activities</title>
		<link>http://www.hedgeco.net/news/12/2008/kbc-to-cut-some-hedge-fund-related-activities.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/kbc-to-cut-some-hedge-fund-related-activities.html#comments</comments>
		<pubDate>Tue, 16 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[becket]]></category>
		<category><![CDATA[finance-industry]]></category>
		<category><![CDATA[global-portfolio]]></category>
		<category><![CDATA[investment-arm]]></category>
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		<category><![CDATA[lawrence-summers]]></category>
		<category><![CDATA[medallion]]></category>

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		<description><![CDATA[Reuters &#8211; Belgian banking and insurance group KBC said on Monday that it will discontinue some of its hedge fund-related activities and that the move could lead to some redundancies. KBC said it will also close its Alternative Investment Management service. &#34;KBC FP (Financial Products) has conducted a strategic review of operations and decided to [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/12/2008/kbc-to-cut-some-hedge-fund-related-activities.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What the commentators say</title>
		<link>http://www.hedgeco.net/news/12/2008/what-the-commentators-say.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/what-the-commentators-say.html#comments</comments>
		<pubDate>Tue, 16 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[commodity-pool-operators]]></category>
		<category><![CDATA[constraints]]></category>
		<category><![CDATA[distribution-partner]]></category>
		<category><![CDATA[financial-regulator]]></category>
		<category><![CDATA[house-of-representatives]]></category>
		<category><![CDATA[new-evidence]]></category>
		<category><![CDATA[russian-tycoon]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[guardian.co.uk &#8211; The Independent&#8217;s Jeremy Warner is not convinced and argues that the failure is entirely their own. In the Daily Telegraph, Richard Fletcher explains that though Horlick blames US regulators for their lack of oversight her clients should be asking her some tough questions. In The Times, Daniel Finkelstein says what you need to [...]]]></description>
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		<item>
		<title>Even strong hedge funds may go under</title>
		<link>http://www.hedgeco.net/news/12/2008/even-strong-hedge-funds-may-go-under.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/even-strong-hedge-funds-may-go-under.html#comments</comments>
		<pubDate>Wed, 10 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[dee]]></category>
		<category><![CDATA[divestitures]]></category>
		<category><![CDATA[eton-park]]></category>
		<category><![CDATA[housing-market]]></category>
		<category><![CDATA[investment-arm]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[newcastle]]></category>
		<category><![CDATA[volatility]]></category>
		<category><![CDATA[wolter]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Even some strong hedge fund managers may not survive the ongoing&#160;credit crisis&#160;due to a lack of funding or credit, the president of hedge fund John W. Henry &#38; Co. said on Tuesday. &#34;There are going to be some firms that have good strategies that were strong in terms of discipline and their strategy [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Adviser Tozai to Close After Redemptions</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-adviser-tozai-to-close-after-redemptions.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-adviser-tozai-to-close-after-redemptions.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[aqr-capital-management]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[caymans]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[global-presence]]></category>
		<category><![CDATA[global-stock-markets]]></category>
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		<category><![CDATA[new-york-times-co]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[principal-investments]]></category>
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		<category><![CDATA[tiaa-cref]]></category>
		<category><![CDATA[warren-buffett]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Tozai Investment Advisory Ltd., a Tokyo-based hedge fund adviser, is closing its business after market losses and investor redemptions cut its funds&#8217; assets to zero from a peak of $70 million, a senior partner said. The Cayman Island-based Trident Pacific Japan Absolute Return Fund, which Tozai advises, was closed last month, Angus McKinnon, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investor starting long-short fund</title>
		<link>http://www.hedgeco.net/news/12/2008/investor-starting-long-short-fund.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/investor-starting-long-short-fund.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[bets]]></category>
		<category><![CDATA[bias]]></category>
		<category><![CDATA[capital-management-inc]]></category>
		<category><![CDATA[fame]]></category>
		<category><![CDATA[first-avenue]]></category>
		<category><![CDATA[mainstream]]></category>
		<category><![CDATA[makoto]]></category>
		<category><![CDATA[merger-talks]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[percentage-points]]></category>
		<category><![CDATA[world-equity]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Seattle Times &#8211; Bill Fleckenstein, a well-known Seattle investor who bets exclusively on falling stocks, is shutting his 12-year-old fund and starting a new one that will buy equities, too. Fleckenstein said he doesn&#8217;t think the worse is over in the U.S. stock market. Yet he no longer wants to limit himself to so-called short [...]]]></description>
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		</item>
		<item>
		<title>Citadel to close its offices in Tokyo</title>
		<link>http://www.hedgeco.net/news/12/2008/citadel-to-close-its-offices-in-tokyo.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/citadel-to-close-its-offices-in-tokyo.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[bear-stearns]]></category>
		<category><![CDATA[closure]]></category>
		<category><![CDATA[clout]]></category>
		<category><![CDATA[conglomerate]]></category>
		<category><![CDATA[court-decision]]></category>
		<category><![CDATA[existing-service]]></category>
		<category><![CDATA[fame]]></category>
		<category><![CDATA[finishing-touches]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[mitsubishi]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[nomura-holdings]]></category>
		<category><![CDATA[screeching-halt]]></category>
		<category><![CDATA[settlement-system]]></category>
		<category><![CDATA[thomas-steyer]]></category>
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		<category><![CDATA[trillion]]></category>

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		<description><![CDATA[Chicago Tribune &#8211; The Citadel Investment Group will shutter its Tokyo offices and cut 37 jobs from its Asian operations. The Chicago-based hedge fund will still have a presence in Hong Kong, where 25 positions will be cut, the company said Monday. The investment firm founded by billionaire Ken Griffin in 1990 will maintain 25 [...]]]></description>
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		</item>
		<item>
		<title>Och-Ziff Funds Said to Have Eliminated at Least 10 Jobs in Asia</title>
		<link>http://www.hedgeco.net/news/12/2008/och-ziff-funds-said-to-have-eliminated-at-least-10-jobs-in-asia.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/och-ziff-funds-said-to-have-eliminated-at-least-10-jobs-in-asia.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[arpad]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[global-funds]]></category>
		<category><![CDATA[indian-stock-market]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[leon-cooperman]]></category>
		<category><![CDATA[och-ziff-capital-management]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[settlement-system]]></category>
		<category><![CDATA[suspensions]]></category>
		<category><![CDATA[tremont-hedge-fund-index]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Och-Ziff Capital Management Group LLC, the New York-based hedge-fund manager that went public last year, eliminated at least 10 jobs in Asia, including partner&#160;Raaj Shah, said two people familiar with the matter. The cuts made last week, out of a global workforce of about 460, included employees in the firm&#8217;s credit and distressed- [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Citadel Cuts Asian Principal Investments, Exits Tokyo</title>
		<link>http://www.hedgeco.net/news/12/2008/citadel-cuts-asian-principal-investments-exits-tokyo.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/citadel-cuts-asian-principal-investments-exits-tokyo.html#comments</comments>
		<pubDate>Mon, 08 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[angela-merkel]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
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		<category><![CDATA[tide]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Citadel Investment Group LLC, the hedge fund manager founded by Kenneth Griffin, will close down its Tokyo office and Asian principal investments operations, cutting more than half of jobs in the region. Citadel will run its remaining Asian operations from Hong Kong in the future after shutting the regional principal team that invests [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shareholders Flee Fortress</title>
		<link>http://www.hedgeco.net/news/12/2008/shareholders-flee-fortress.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/shareholders-flee-fortress.html#comments</comments>
		<pubDate>Thu, 04 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[contention]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[losses]]></category>
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		<description><![CDATA[Forbes &#8211; Fortress Investment Group pulled up the&#160;portcullis&#160;on its Drawbridge funds Wednesday, but it&#8217;s stock is under seige. Fortress Investment Group&#8216;s directors voted to temporarily&#160;suspend pending redemptionsafter investors asked to pull out roughly $3.5 billion by year&#8217;s end from its Drawbridge funds, nearly as much as the vehicles have in assets. Read Complete Article]]></description>
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		<item>
		<title>DE Shaw, Farallon Restrict Withdrawals as Fund Freeze Deepens</title>
		<link>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html#comments</comments>
		<pubDate>Thu, 04 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[asset-allocation-fund]]></category>
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		<category><![CDATA[congress]]></category>
		<category><![CDATA[extreme-volatility]]></category>
		<category><![CDATA[failure]]></category>
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		<category><![CDATA[fortress-investment-group]]></category>
		<category><![CDATA[housing-market]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[newcastle]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[orient-express-hotels]]></category>
		<category><![CDATA[stock-market-crash]]></category>
		<category><![CDATA[value-performance]]></category>

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		<description><![CDATA[Bloomberg &#8211; D.E. Shaw &#38; Co. LP, the investment firm run by David Shaw, and Farallon Capital Management LLC limited withdrawals by clients, joining more than 80 hedge-fund managers to impose restrictions in the past two months. D.E. Shaw, which oversees $36 billion, capped redemptions from its Composite and Oculus funds, said two people familiar [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Investors reject Centaurus restructure</title>
		<link>http://www.hedgeco.net/news/12/2008/investors-reject-centaurus-restructure.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/investors-reject-centaurus-restructure.html#comments</comments>
		<pubDate>Wed, 03 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[bank-for-international-settlements]]></category>
		<category><![CDATA[capital-management-llc]]></category>
		<category><![CDATA[facet]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[first-avenue]]></category>
		<category><![CDATA[foreign-markets]]></category>
		<category><![CDATA[frank-russell]]></category>
		<category><![CDATA[lt]]></category>
		<category><![CDATA[market-share]]></category>
		<category><![CDATA[medallion]]></category>
		<category><![CDATA[oeic]]></category>
		<category><![CDATA[roiled]]></category>
		<category><![CDATA[srm]]></category>
		<category><![CDATA[third-party]]></category>
		<category><![CDATA[when-retirees]]></category>
		<category><![CDATA[women-and-minorities]]></category>

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		<description><![CDATA[FT Alphaville &#8211; Centaurus Capital is&#160;running down&#160;its flagship hedge fund after investors with the London activist failed to back an emergency restructuring. Centaurus, founded by former BNP Paribas traders Bernard Oppetit and Randy Freeman, will now repay the bulk of investors in the $1.2bn Centaurus Alpha fund, with only a handful expected to remain. The [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Drake Shuts Down Hedge Funds, Looks to Future</title>
		<link>http://www.hedgeco.net/news/10/2008/drake-shuts-down-hedge-funds-looks-to-future.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/drake-shuts-down-hedge-funds-looks-to-future.html#comments</comments>
		<pubDate>Fri, 10 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Drake Management has officially closed up shop on all three of its hedge funds, delisting them from the Irish Stock Exchange yesterday.&#160; The firm decided to wind down their $2.5 billion Global Opportunities Fund in May, one month before closing their $1.4 billion Absolute Return Fund and the $160 million Low [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/10/2008/drake-shuts-down-hedge-funds-looks-to-future.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Andor Hedge Fund to Liquidate</title>
		<link>http://www.hedgeco.net/news/08/2008/andor-hedge-fund-to-liquidate.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/andor-hedge-fund-to-liquidate.html#comments</comments>
		<pubDate>Thu, 21 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[clientele]]></category>
		<category><![CDATA[downside]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[levin]]></category>
		<category><![CDATA[london-offices]]></category>
		<category><![CDATA[objections]]></category>
		<category><![CDATA[risky-investment]]></category>
		<category><![CDATA[sentiment-indicators]]></category>
		<category><![CDATA[staffers]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Greenwich-based Andor Capital Management will liquidate its $2 billion hedge fund after posting losses due to unfavorable market conditions, following in the footsteps of many failed hedge funds this year.&#160; &#160; Co-founder Daniel Benton announced the decision in a letter to investors this week while outlining a liquidation to start in [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Turnberry Hedge Fund to Liquidate</title>
		<link>http://www.hedgeco.net/news/08/2008/turnberry-hedge-fund-to-liquidate.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/turnberry-hedge-fund-to-liquidate.html#comments</comments>
		<pubDate>Fri, 15 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[hedge-fund-research]]></category>
		<category><![CDATA[industry-group]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[money-managers]]></category>
		<category><![CDATA[mortgage-markets]]></category>
		<category><![CDATA[participatory-notes]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Turnberry Capital Management LP has decided to close its doors and liquidate its assets, after many investors inquired about getting their money back.&#160; The hedge fund, which specializes in purchasing distressed debt, once held approximately $800 million under management.&#160; &#34;We intend to take a series of steps to liquidate the Fund [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Citigroup to Close Another Hedge Fund</title>
		<link>http://www.hedgeco.net/news/08/2008/citigroup-to-close-another-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/citigroup-to-close-another-hedge-fund.html#comments</comments>
		<pubDate>Mon, 04 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[according-to-alex]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[curbs]]></category>
		<category><![CDATA[delphi-corp]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[florham-park-new-jersey]]></category>
		<category><![CDATA[forbes-magazine]]></category>
		<category><![CDATA[fund-specialist]]></category>
		<category><![CDATA[global-set]]></category>
		<category><![CDATA[jeffry]]></category>
		<category><![CDATA[onshore]]></category>
		<category><![CDATA[repercussions]]></category>
		<category><![CDATA[significant-numbers]]></category>
		<category><![CDATA[simons]]></category>
		<category><![CDATA[tracking-error]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Citigroup Inc. will close its $400 million Tribeca Convertible hedge fund in what will help wind down the $2 billion Tribeca Global Investments Group, according to a report published on Bloomberg.com.&#160; The closing of the fund has not yet been made public, but investor redemptions are thought to be the reason [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Seeder Pulls Out, New York Hedge Fund to Liquidate</title>
		<link>http://www.hedgeco.net/news/06/2008/seeder-pulls-out-new-york-hedge-fund-to-liquidate.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/seeder-pulls-out-new-york-hedge-fund-to-liquidate.html#comments</comments>
		<pubDate>Fri, 20 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[aggressive-growth-strategy]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[assets-under-management]]></category>
		<category><![CDATA[banque-syz]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[farmland]]></category>
		<category><![CDATA[good-chance]]></category>
		<category><![CDATA[initial-public-offering]]></category>
		<category><![CDATA[jason-allen]]></category>
		<category><![CDATA[market-segments]]></category>
		<category><![CDATA[money-managers]]></category>
		<category><![CDATA[uk-specialist]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; New York hedge fund Manhasset Capital will start the liquidation process later this month after the decision was made by the fund&#8217;s seeder to pull out their $100 million initial investment.&#160; &#160; A spokesperson for Fairfield stated, &#8220;&#8220;As part of a normal rebalancing of capital, FGG has indeed decided to close [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Another handicap for hedge funds</title>
		<link>http://www.hedgeco.net/news/06/2008/another-handicap-for-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/another-handicap-for-hedge-funds.html#comments</comments>
		<pubDate>Tue, 17 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[business-operations]]></category>
		<category><![CDATA[eliot-spitzer]]></category>
		<category><![CDATA[eton-park]]></category>
		<category><![CDATA[exchange-board]]></category>
		<category><![CDATA[raanan-agus]]></category>
		<category><![CDATA[remodeling]]></category>
		<category><![CDATA[rich-individuals]]></category>
		<category><![CDATA[singapore-office]]></category>
		<category><![CDATA[turmoil]]></category>
		<category><![CDATA[world-government]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[CNNMoney.com &#8211; It&#8217;s time to say goodbye to Old Lane, the hedge fund management company bought by Citigroup last July. Citi paid a very dear $800 million to snag the fund and its founder Vikram Pandit, who now runs the entire bank, but the fund&#8217;s investors got very little out of the deal. One wonders [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Future grim for two Bear Stearns hedge fund managers</title>
		<link>http://www.hedgeco.net/news/06/2008/future-grim-for-two-bear-stearns-hedge-fund-managers.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/future-grim-for-two-bear-stearns-hedge-fund-managers.html#comments</comments>
		<pubDate>Tue, 17 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Hedge Fund Fraud]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[activists]]></category>
		<category><![CDATA[alan-greenspan]]></category>
		<category><![CDATA[asta]]></category>
		<category><![CDATA[bear-stearns-hedge-fund]]></category>
		<category><![CDATA[bond-portfolios]]></category>
		<category><![CDATA[delphi-corp]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[eliot-spitzer]]></category>
		<category><![CDATA[paul-touradji]]></category>
		<category><![CDATA[political-backlash]]></category>
		<category><![CDATA[prostitution-ring]]></category>
		<category><![CDATA[rich-individuals]]></category>
		<category><![CDATA[root-cause]]></category>
		<category><![CDATA[subprime-mortgage-market]]></category>
		<category><![CDATA[sun-sentinel]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Troubles keep arising for Bear Stearns, even after its demise and the resulting takeover by JPMorgan Chase.&#160; It seems investors are still targeting Bear after the implosion of their two failed hedge funds last year that kicked off the subprime mortgage crisis.&#160; Federal prosecutors, along with the SEC, may bring criminal [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RockPort closes $450m cleantech fund</title>
		<link>http://www.hedgeco.net/news/06/2008/rockport-closes-450m-cleantech-fund.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/rockport-closes-450m-cleantech-fund.html#comments</comments>
		<pubDate>Fri, 06 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[brevan-howard-asset-management]]></category>
		<category><![CDATA[endowment]]></category>
		<category><![CDATA[enterprise-investment-scheme]]></category>
		<category><![CDATA[financings]]></category>
		<category><![CDATA[founding-partners]]></category>
		<category><![CDATA[management-fee]]></category>
		<category><![CDATA[new-york-stock]]></category>
		<category><![CDATA[poor-performance]]></category>
		<category><![CDATA[relative-value]]></category>
		<category><![CDATA[stock-market-crash-of-1987]]></category>
		<category><![CDATA[target]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Altassets &#8211; Cleantech-focused venture capital firm RockPort Capital Partners has closed its third fund, RockPort Capital Partners III, on over $450m, the hard cap of the fund. It had an initial target of $400m and held a first closing just three weeks ago, on $400m. The new fund will continue the focus of RockPort&#8217;s previous [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Drake to shut down two remaining hedge funds</title>
		<link>http://www.hedgeco.net/news/06/2008/drake-to-shut-down-two-remaining-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/drake-to-shut-down-two-remaining-hedge-funds.html#comments</comments>
		<pubDate>Thu, 05 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[angela-merkel]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[aqr-capital-management]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[cash-balance]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[income-taxes]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[minority-shareholder]]></category>
		<category><![CDATA[repercussions]]></category>
		<category><![CDATA[reverse-takeover]]></category>
		<category><![CDATA[right-direction]]></category>
		<category><![CDATA[staffers]]></category>
		<category><![CDATA[trading-sessions]]></category>
		<category><![CDATA[trillion]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Drake Management will shut down its two remaining hedge funds one month after winding down the $2.5 billion Global Opportunities Fund.&#160; The $1.4 billion Absolute Return Fund and the $160 million Low Volatility Fund will follow suit, after experiencing similar losses originally fueled by the subprime fallout and credit crunch. Drake [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CFS hedge funds terminated</title>
		<link>http://www.hedgeco.net/news/05/2008/cfs-hedge-funds-terminated.html</link>
		<comments>http://www.hedgeco.net/news/05/2008/cfs-hedge-funds-terminated.html#comments</comments>
		<pubDate>Mon, 26 May 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[ftse]]></category>
		<category><![CDATA[manhattan]]></category>
		<category><![CDATA[newcastle]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Money Management- Ratings house Standard and Poor&#8217;s has withdrawn its ratings from six of Colonial First State&#8217;s (CFS&#8217;s) fund-of-hedge-fund strategies. The ratings house announced today that the decision had been reached following an internal strategic review by CFS, which had decided that the funds would be terminated on May 26. &#8220;S&#38;P has withdrawn the ratings [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Peloton to liquidate $2bn hedge fund</title>
		<link>http://www.hedgeco.net/news/02/2008/peloton-to-liquidate-2bn-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/02/2008/peloton-to-liquidate-2bn-hedge-fund.html#comments</comments>
		<pubDate>Fri, 29 Feb 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[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 [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/02/2008/peloton-to-liquidate-2bn-hedge-fund.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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