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	<title>Hedge Fund News From HedgeCo.Net &#187; sun-bank</title>
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		<title>Blackstone trims its Asia-focused fund</title>
		<link>http://www.hedgeco.net/news/11/2008/blackstone-trims-its-asia-focused-fund.html</link>
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		<pubDate>Mon, 24 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters &#8211; Blackstone Group LP has cut the size of its planned Asia-focused hedge fund because the global financial crisis has led to redemptions, the Wall Street Journal said citing people familiar with the situation. Blackstone, which manages private equity, real estate and hedge funds, would cut the fund size to about $200 million from [...]]]></description>
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		<title>Putnam shuts $15 billion money market fund</title>
		<link>http://www.hedgeco.net/news/09/2008/putnam-shuts-15-billion-money-market-fund.html</link>
		<comments>http://www.hedgeco.net/news/09/2008/putnam-shuts-15-billion-money-market-fund.html#comments</comments>
		<pubDate>Fri, 19 Sep 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Reuters &#8211; U.S. asset manager Putnam Investments said on Thursday that it had closed its $15 billion (8 billion pound) Prime Money Market Fund due to redemption pressures. Putnam, a unit of Canada&#8217;s Great-West Lifeco, said in a statement that the board of trustees of its funds had voted to close the institutional money market [...]]]></description>
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