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	<title>Hedge Fund News From HedgeCo.Net &#187; organic-growth</title>
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		<title>Hedge Fund SageCrest Files For Bankruptcy</title>
		<link>http://www.hedgeco.net/news/08/2008/hedge-fund-sagecrest-files-for-bankruptcy.html</link>
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		<pubDate>Wed, 20 Aug 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; In an effort to head off a forced asset sale, Windmill Management&#8217;s SageCrest Finance and SageCrest II filed for Chapter 11 bankruptcy after its assets fell sharply. The hedge fund filed at U.S. Bankruptcy Court in Bridgeport, Conn. In a letter to investors, The fund said that the bankruptcy process [...]]]></description>
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		<title>Carlyle Group to Liquidate Hedge Fund</title>
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		<pubDate>Fri, 01 Aug 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; The private equity firm Carlyle Group will liquidate its lone hedge fund, after stating that it failed to achieve &#8220;critical mass.&#8221; The fund, Carlyle-Blue Wave Partners Management LP, was a multi-strat fund launched by Rick Goldsmith and Ralph Reynolds.&#160; The two managers previously served as co-heads of global equity derivatives at [...]]]></description>
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