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	<title>Hedge Fund News From HedgeCo.Net &#187; withdrawals</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Asian Hedge-Fund Assets to Double on New Money</title>
		<link>http://www.hedgeco.net/news/10/2009/asian-hedge-fund-assets-to-double-on-new-money.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/asian-hedge-fund-assets-to-double-on-new-money.html#comments</comments>
		<pubDate>Wed, 07 Oct 2009 10:43:03 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[fund-assets]]></category>
		<category><![CDATA[hedge funds]]></category>
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		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12389</guid>
		<description><![CDATA[Bloomberg &#8211; Asian hedge funds will attract a “wave” of new money that could more than double the industry’s assets from its peak of $250 billion as the region leads the world’s emergence from the deepest recession since World War II, according to GFIA Pte. The industry in Asia will grow to two-to-three times its [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Vicis Capital Suspends Redemptions After Hedge Fund Loses 12%</title>
		<link>http://www.hedgeco.net/news/09/2009/vicis-capital-suspends-redemptions-after-hedge-fund-loses-12.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/vicis-capital-suspends-redemptions-after-hedge-fund-loses-12.html#comments</comments>
		<pubDate>Tue, 22 Sep 2009 10:57:09 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[redemptions]]></category>
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		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12043</guid>
		<description><![CDATA[Bloomberg &#8211; Vicis Capital LLC, the $2.9 billion hedge fund started by former Lehman Brothers Holdings Inc. trader John Succo in 2004, barred clients from withdrawing money from its main fund after losses this year. The firm received “higher-than-anticipated” requests for a Sept. 30 distribution from its Vicis Capital Fund, according to a letter sent [...]]]></description>
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		</item>
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		<title>Goldman CFO sees end to hedge fund redemption wave</title>
		<link>http://www.hedgeco.net/news/07/2009/goldman-cfo-sees-end-to-hedge-fund-redemption-wave.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/goldman-cfo-sees-end-to-hedge-fund-redemption-wave.html#comments</comments>
		<pubDate>Wed, 15 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Khaleej Times &#8211; Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. &#8220;Assuming (hedge fund) performance stays OK &#8212; which it has been through the first half of [...]]]></description>
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		</item>
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		<title>Cerberus to change terms of hedge fund: source</title>
		<link>http://www.hedgeco.net/news/07/2009/cerberus-to-change-terms-of-hedge-fund-source.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/cerberus-to-change-terms-of-hedge-fund-source.html#comments</comments>
		<pubDate>Fri, 10 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Reuters &#8211; Private equity firm Cerberus is to place investors seeking withdrawals from one of its hedge funds into a special purpose vehicle which would make cash distributions over time, a source familiar with the contents of a recent investor letter said on Thursday. For investors remaining in the fund, fees will be reduced, the [...]]]></description>
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		</item>
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		<title>Man Group funds drop, but withdrawals are slowing</title>
		<link>http://www.hedgeco.net/news/07/2009/man-group-funds-drop-but-withdrawals-are-slowing.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/man-group-funds-drop-but-withdrawals-are-slowing.html#comments</comments>
		<pubDate>Thu, 09 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[MENAFN -&#160; U.K. hedge fund manager Man Group reported a further decline in its assets under management Thursday, but said institutional customers have significantly slowed their withdrawals and private investor sales have been strong. The group said funds under management at the end of its fiscal first quarter were $43.3 billion, down 7.5% from $46.8 [...]]]></description>
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		</item>
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		<title>Hedge Fund Investors Regain ‘Whip Hand’ After 2008’s Losses</title>
		<link>http://www.hedgeco.net/news/06/2009/hedge-fund-investors-regain-whip-hand-after-2008s-losses.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/hedge-fund-investors-regain-whip-hand-after-2008s-losses.html#comments</comments>
		<pubDate>Thu, 18 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[absolute-returns]]></category>
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		<description><![CDATA[Bloomberg &#8211; Hedge fund managers gathering in Monaco this week said they have work to do to regain investors&#8217; confidence after the industry&#8217;s record losses last year. &#8220;We have to prove as an industry that we can provide absolute returns again,&#8221; Pierre Lagrange, co-founder of hedge fund GLG Partners Inc., told some of the 750 [...]]]></description>
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		</item>
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		<title>Brevan Howard Tops Alpha&#8217;s List of Best 50 Hedge Funds in Europe</title>
		<link>http://www.hedgeco.net/news/05/2009/brevan-howard-tops-alphas-list-of-best-50-hedge-funds-in-europe.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/brevan-howard-tops-alphas-list-of-best-50-hedge-funds-in-europe.html#comments</comments>
		<pubDate>Wed, 27 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Alpha Magazine unveiled the 2009 Europe Hedge Fund top 50, showing that that Europe was not immune to investor angst over hedge funds. A wave of investor withdrawals shapes the magazine&#8217;s annual ranking of the 50 biggest European single-manager hedge fund firms, as total assets fell to $285 billion as [...]]]></description>
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		<title>Satellite Asset Management shutting down</title>
		<link>http://www.hedgeco.net/news/05/2009/satellite-asset-management-shutting-down.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/satellite-asset-management-shutting-down.html#comments</comments>
		<pubDate>Mon, 11 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters India &#8211; Satellite Asset Management LP, a $2.8 billion (1.84 billion pounds) hedge fund founded by former employees of billionaire George Soros, is closing down because of client withdrawals, Bloomberg said on its website late Friday. The New York-based firm has started returning money to investors from its three funds, Satellite Overseas Fund Ltd, [...]]]></description>
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		<title>Investors continue to withdraw from hedge funds in Q1</title>
		<link>http://www.hedgeco.net/news/04/2009/investors-continue-to-withdraw-from-hedge-funds-in-q1.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/investors-continue-to-withdraw-from-hedge-funds-in-q1.html#comments</comments>
		<pubDate>Wed, 22 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[English Eastday &#8211; Investors continued to withdraw capital from hedge funds in the first quarter of 2009, redeeming nearly 103 billion U.S. dollars, according to data released on Tuesday. The redemption figure, about 7.3 percent of overall hedge fund assets, was down from the record quarterly withdrawals in the fourth quarter of 2008 of over [...]]]></description>
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		</item>
		<item>
		<title>HSBC sees &#8220;tipping point&#8221; in hedge fund outflows</title>
		<link>http://www.hedgeco.net/news/04/2009/hsbc-sees-tipping-point-in-hedge-fund-outflows.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/hsbc-sees-tipping-point-in-hedge-fund-outflows.html#comments</comments>
		<pubDate>Tue, 14 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Reuters UK &#8211; HSBC Global Asset Management says it is finally seeing inflows into some of its hedge funds and believes it may have reached a &#34;tipping point&#34; after a tough period of client withdrawals. Bill Maldonado, head of alternative investments at the firm&#8217;s active investment arm Halbis, said in an interview that the wider [...]]]></description>
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		<title>TCI Has $1.2 Billion of Japan Short Positions, Sells Toshiba</title>
		<link>http://www.hedgeco.net/news/04/2009/tci-has-12-billion-of-japan-short-positions-sells-toshiba.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/tci-has-12-billion-of-japan-short-positions-sells-toshiba.html#comments</comments>
		<pubDate>Fri, 03 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Bloomberg &#8211; The Children&#8217;s Investment Fund Management UK LLP, a $9.5 billion London-based hedge fund, has about $1.2 billion of short positions in Japanese stocks including Toshiba Corp., according to exchange filings. The fund, better known as TCI, has shorted 13 Japanese stocks, data based on exchange filings compiled by Bloomberg show. Mizuho Financial Group [...]]]></description>
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		<title>Highbridge records $1 bln in net inflows in 2009</title>
		<link>http://www.hedgeco.net/news/04/2009/highbridge-records-1-bln-in-net-inflows-in-2009.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/highbridge-records-1-bln-in-net-inflows-in-2009.html#comments</comments>
		<pubDate>Thu, 02 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Reuters &#8211; Highbridge Capital Management, the hedge fund majority-owned by JPMorgan Chase &#38; Co, received $1 billion in net inflows this year, the Financial Times reported citing people familiar with the fund. The inflows suggest that investors are tentatively returning to hedge funds after a dismal 2008 that saw record losses and withdrawals, the paper [...]]]></description>
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		<title>Man Group shares jump as payout is maintained</title>
		<link>http://www.hedgeco.net/news/03/2009/man-group-shares-jump-as-payout-is-maintained.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/man-group-shares-jump-as-payout-is-maintained.html#comments</comments>
		<pubDate>Thu, 26 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Marketwatch &#8211; Shares in hedge fund manager Man Group jumped around 11% Thursday after the firm maintained its dividend payout and launched a new investment management business. The firm said it expects adjusted pretax profit for the year ending March 31 to fall around 43% to $1.2 billion from $2.1 billion due to the impact [...]]]></description>
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		<title>Hedge Fund Assets to Fall 11% in 2009, Study Says</title>
		<link>http://www.hedgeco.net/news/03/2009/hedge-fund-assets-to-fall-11-in-2009-study-says.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/hedge-fund-assets-to-fall-11-in-2009-study-says.html#comments</comments>
		<pubDate>Tue, 24 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[brad hintz]]></category>
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		<category><![CDATA[hfri]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; The global hedge fund industry may shrink by 11 percent this year as funds liquidate and investor withdrawals persist, a Deutsche Bank AG survey said. Industry assets may fall to $1.33 trillion by December, according to 68 percent of the 1,000 investors surveyed by Germany&#8217;s largest bank last month. The respondents, which hold [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Falcone Starts Fund as Harbinger Client Money Remains Locked Up</title>
		<link>http://www.hedgeco.net/news/03/2009/falcone-starts-fund-as-harbinger-client-money-remains-locked-up.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/falcone-starts-fund-as-harbinger-client-money-remains-locked-up.html#comments</comments>
		<pubDate>Fri, 20 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bet]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[distressed-securities]]></category>
		<category><![CDATA[falcone]]></category>
		<category><![CDATA[flagship]]></category>
		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[harbinger capital partners]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Philip Falcone, who runs the $7 billion Harbinger Capital Partners LLC, is starting a hedge fund that draws on his background in distressed securities, even as investors are locked into his biggest fund. The Credit Distressed Blue Line Fund will buy troubled loans and bonds, and bet against higher-rated debt, the New York-based [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yen Swap Spreads Near Record as Hedge Funds Stay Away, RBS Says</title>
		<link>http://www.hedgeco.net/news/03/2009/yen-swap-spreads-near-record-as-hedge-funds-stay-away-rbs-says.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/yen-swap-spreads-near-record-as-hedge-funds-stay-away-rbs-says.html#comments</comments>
		<pubDate>Tue, 17 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[borrowers]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[financial turmoil]]></category>
		<category><![CDATA[global-credit]]></category>
		<category><![CDATA[japan ltd]]></category>
		<category><![CDATA[lehman brothers]]></category>
		<category><![CDATA[lehman-brothers-holdings]]></category>
		<category><![CDATA[lehman-brothers-holdings-inc]]></category>
		<category><![CDATA[market-losses]]></category>
		<category><![CDATA[premiums]]></category>
		<category><![CDATA[rbs]]></category>
		<category><![CDATA[seizure]]></category>
		<category><![CDATA[strategist]]></category>
		<category><![CDATA[swap markets]]></category>
		<category><![CDATA[tokyo-japan]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Japan&#8217;s attempts to end financial turmoil failed to lure hedge funds back to its swap markets, leaving premiums paid by domestic borrowers near a record, RBS Securities Japan Ltd. said. Hedge funds, which lost more than $400 billion through withdrawals and market losses since June, pulled out of Japan&#8217;s swap markets after the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds May Cut 20,000 Jobs as Losses Erode Fees</title>
		<link>http://www.hedgeco.net/news/03/2009/hedge-funds-may-cut-20-000-jobs-as-losses-erode-fees.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/hedge-funds-may-cut-20-000-jobs-as-losses-erode-fees.html#comments</comments>
		<pubDate>Tue, 10 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[dismissals]]></category>
		<category><![CDATA[estimates]]></category>
		<category><![CDATA[executive search firm]]></category>
		<category><![CDATA[investment losses]]></category>
		<category><![CDATA[investment partnerships]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[options group]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Hedge funds may cut 20,000 workers worldwide this year, a record 14 percent of the industry&#8217;s jobs, as investment losses and client withdrawals erode fees. The dismissals will come on top of the 10,000 jobs that disappeared last year at the investment partnerships, according to estimates by New York-based Options Group, an executive-search firm. Employment [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bridgewater Tops List of Biggest U.S. Hedge Funds</title>
		<link>http://www.hedgeco.net/news/03/2009/bridgewater-tops-list-of-biggest-us-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/bridgewater-tops-list-of-biggest-us-hedge-funds.html#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[absolute-return]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[bridgewater-associates]]></category>
		<category><![CDATA[capital llc]]></category>
		<category><![CDATA[capital-management-llc]]></category>
		<category><![CDATA[chief executive officer]]></category>
		<category><![CDATA[fund-assets]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[hedge-fund-research]]></category>
		<category><![CDATA[highbridge capital management llc]]></category>
		<category><![CDATA[investment-returns]]></category>
		<category><![CDATA[jpmorgan chase]]></category>
		<category><![CDATA[market-losses]]></category>
		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[ray-dalio]]></category>
		<category><![CDATA[trillion]]></category>
		<category><![CDATA[westport connecticut]]></category>
		<category><![CDATA[withdrawals]]></category>

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		<description><![CDATA[Bloomberg &#8211; Ray Dalio&#8217;s Bridgewater Associates Inc. overtook JPMorgan Chase &#38; Co. to become the biggest U.S. hedge-fund manager, even as the firm lost assets during the industry&#8217;s worst year, according to a survey. Bridgewater, based in Westport, Connecticut, managed $38.6 billion on Jan. 1, down 11 percent from July, according to Absolute Return magazine. [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge fund head says times right for global macro</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-head-says-times-right-for-global-macro.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-head-says-times-right-for-global-macro.html#comments</comments>
		<pubDate>Fri, 27 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bets]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[commodity]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[fixed income]]></category>
		<category><![CDATA[futures]]></category>
		<category><![CDATA[global macro]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[market environment]]></category>
		<category><![CDATA[perception]]></category>
		<category><![CDATA[quant funds]]></category>
		<category><![CDATA[quantitative funds]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[risk adjusted returns]]></category>
		<category><![CDATA[tropin]]></category>
		<category><![CDATA[volatile-markets]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; In a period when volatile markets battered most hedge funds, global macro funds are proving their worth, Graham Capital Chairman Kenneth Tropin told Reuters. During one of the hedge fund industry&#8217;s worst years, Graham delivered gains of up to 41 percent in 2008 by making good bets on currencies, stocks, interest rates and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Small New Star Funds Extinguished</title>
		<link>http://www.hedgeco.net/news/02/2009/small-new-star-funds-extinguished.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/small-new-star-funds-extinguished.html#comments</comments>
		<pubDate>Fri, 27 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[apollo]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[equity swap]]></category>
		<category><![CDATA[fall from grace]]></category>
		<category><![CDATA[financial times]]></category>
		<category><![CDATA[flying group]]></category>
		<category><![CDATA[growth-prospects]]></category>
		<category><![CDATA[internal capital]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[new-star]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Financial Times &#8211; New Star has closed two of its hedge funds after withdrawals of the crisis-hit fund manager&#8217;s internal capital left them too small to survive. The manager has shut its three-year-old Firefly fund after Harry Tyser, its manager, quit in December, as well as the six-year-old Apollo fund. New Star was seized by [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Citadel Hedge Fund Manager to Step Down</title>
		<link>http://www.hedgeco.net/news/02/2009/citadel-hedge-fund-manager-to-step-down.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/citadel-hedge-fund-manager-to-step-down.html#comments</comments>
		<pubDate>Fri, 20 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[6 years]]></category>
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		<category><![CDATA[algorithms]]></category>
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		<category><![CDATA[contractual-obligations]]></category>
		<category><![CDATA[hedgeco]]></category>
		<category><![CDATA[high-frequency]]></category>
		<category><![CDATA[kenneth griffin]]></category>
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		<category><![CDATA[will take some time]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Misha Malyshev, a trader for Citadel Investment Group who headed two of the firm&#8217;s hedge funds, has resigned according to a report by Bloomberg News. Malyshev seemingly had a successful run with Citadel, working for the firm for 6 years and helping the two hedge funds post returns of about 40 [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/02/2009/citadel-hedge-fund-manager-to-step-down.html/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Hedge-Fund Firms Pressed to Consolidate After Losses Erode Fees</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-firms-pressed-to-consolidate-after-losses-erode-fees.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-firms-pressed-to-consolidate-after-losses-erode-fees.html#comments</comments>
		<pubDate>Wed, 18 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[100-million]]></category>
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		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[different story]]></category>
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		<description><![CDATA[Bloomberg &#8211; Mohammed Syed has spent the past seven years scouting out the best hedge-fund investments for clients of his Axiom Fund Manager Ltd. Now, he&#8217;s seeking to expand the $100 million he oversees by acquiring rivals. &#8220;I am looking for two or even three firms that can complement my business,&#8221; said Syed, 45, who [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Santander Bank Struggles to Meet Redemptions, Seeks to Halt Withdrawals</title>
		<link>http://www.hedgeco.net/news/02/2009/santander-bank-struggles-to-meet-redemptions-seeks-to-halt-withdrawals.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/santander-bank-struggles-to-meet-redemptions-seeks-to-halt-withdrawals.html#comments</comments>
		<pubDate>Tue, 17 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bank santander]]></category>
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		<category><![CDATA[times new roman]]></category>
		<category><![CDATA[withdrawals]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Spanish bank Santander is seeking to freeze redemptions after stating on Monday that they currently lack the liquidity to meet the rising demands for withdrawals.&#160; Investors in the bank&#8217;s flagsihip real-estate fund, the Santander Banif Inmobiliario FII, moved to withdraw 80 percent, or $3.3 billion, of the fund&#8217;s capital at the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Clarke loses hedge fund job as credit crunch hits politicians</title>
		<link>http://www.hedgeco.net/news/02/2009/clarke-loses-hedge-fund-job-as-credit-crunch-hits-politicians.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/clarke-loses-hedge-fund-job-as-credit-crunch-hits-politicians.html#comments</comments>
		<pubDate>Wed, 11 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[decades]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[guardian]]></category>
		<category><![CDATA[investment-companies]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[kenneth clarke]]></category>
		<category><![CDATA[latest victim]]></category>
		<category><![CDATA[spanish prime minister]]></category>
		<category><![CDATA[stock-markets]]></category>
		<category><![CDATA[tory]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[guardian.co.uk &#8211; The shadow business secretary, Kenneth Clarke, has become the latest victim of the credit crunch after losing his job on the board of a hedge fund, the Guardian has learned. Clarke, who was parachuted back on to the Tory frontbench to beef up the party&#8217;s handling of the financial crisis, has been axed [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge fund fees are being squeezed</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-fees-are-being-squeezed.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-fees-are-being-squeezed.html#comments</comments>
		<pubDate>Fri, 30 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[abundance]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bonus pool]]></category>
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		<category><![CDATA[management fees]]></category>
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		<category><![CDATA[profits]]></category>
		<category><![CDATA[redemptions]]></category>
		<category><![CDATA[rough calculations]]></category>
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		<category><![CDATA[wall street]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[MIGHT two-and-twenty become one-and-ten? Since 1990 the number of hedge funds has grown by 14 times to over 7,000, but abundance has not lowered prices. Funds typically still charge clients a management fee of 2% of assets and 20% of any profits above a given hurdle. Rough calculations suggest that in the boom year of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ex-Citadel Manager Returns 18% With Atom Japan Fund</title>
		<link>http://www.hedgeco.net/news/01/2009/ex-citadel-manager-returns-18-with-atom-japan-fund.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/ex-citadel-manager-returns-18-with-atom-japan-fund.html#comments</comments>
		<pubDate>Thu, 29 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[adviser]]></category>
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		<category><![CDATA[buyouts]]></category>
		<category><![CDATA[dodge]]></category>
		<category><![CDATA[equity-fund]]></category>
		<category><![CDATA[hedge-fund-index]]></category>
		<category><![CDATA[japan equity]]></category>
		<category><![CDATA[market-losses]]></category>
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		<category><![CDATA[recession]]></category>
		<category><![CDATA[rivals]]></category>
		<category><![CDATA[seven years]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg -&#160;Atsuko Tsuchiya, the Japanese hedge- fund adviser who left Merrill Lynch &#38; Co. to found her own firm, led Atom Japan Equity Fund to an 18 percent return in 2008, beating rivals who suffered the worst year on record. Tsuchiya, 36, achieved the gains in the fund&#8217;s first full year of trading, withstanding market [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deephaven&#8217;s Hedge Fund Bought by Stark Investments</title>
		<link>http://www.hedgeco.net/news/01/2009/deephavens-hedge-fund-bought-by-stark-investments.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/deephavens-hedge-fund-bought-by-stark-investments.html#comments</comments>
		<pubDate>Wed, 28 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[capital group inc]]></category>
		<category><![CDATA[deephaven capital management]]></category>
		<category><![CDATA[flagship]]></category>
		<category><![CDATA[founders]]></category>
		<category><![CDATA[fund portfolio]]></category>
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		<category><![CDATA[letter-to-shareholders]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Deephaven Capital Management signed a deal on Tuesday to sell the assets of its flagship hedge fund, Knight Capital Group Inc., to Stark Investments. The founders, Brian Stark and Mike Roth, will give Deephaven investors the option to become investors in Stark Funds by contributing their share of their Deephaven [...]]]></description>
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		</item>
		<item>
		<title>Hedge fund assets likely to lose up to $450bn</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-likely-to-lose-up-to-450bn.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-likely-to-lose-up-to-450bn.html#comments</comments>
		<pubDate>Mon, 26 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[business report]]></category>
		<category><![CDATA[fund-managers]]></category>
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		<category><![CDATA[market-losses]]></category>
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		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[trillion]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Business Report &#8211; Hedge funds lost more money last year than any year on record. It may get worse this year, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The $1.2 trillion (R12 trillion) industry might shed as much as $450 billion in assets, or [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Assets May Fall $450 Billion After Worst Performance</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-may-fall-450-billion-after-worst-performance.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-may-fall-450-billion-after-worst-performance.html#comments</comments>
		<pubDate>Fri, 23 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[fund-managers]]></category>
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		<category><![CDATA[london]]></category>
		<category><![CDATA[market-losses]]></category>
		<category><![CDATA[money]]></category>
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		<category><![CDATA[trillion]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Hedge funds lost more money in 2008 than any year on record. It may get worse in 2009, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The $1.2 trillion industry may shed as much as $450 billion in assets, or 37 percent, through [...]]]></description>
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		</item>
		<item>
		<title>Hedge Funds Rally in December, Post Record Losses on the Year</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-funds-rally-in-december-post-record-losses-on-the-year.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-funds-rally-in-december-post-record-losses-on-the-year.html#comments</comments>
		<pubDate>Mon, 12 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
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		<category><![CDATA[dow-jones]]></category>
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		<category><![CDATA[global macro]]></category>
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		<category><![CDATA[hennessee group]]></category>
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		<category><![CDATA[long short equity]]></category>
		<category><![CDATA[macro index]]></category>
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		<category><![CDATA[redemptions]]></category>
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		<category><![CDATA[year one]]></category>
		<category><![CDATA[year-to-date]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Although hedge funds finished up 2008 with some of the worst numbers to date, they showed some signs of promise in December.&#160; According to the latest research by the Hennessee Group LLC, a New York-based advisor to hedge fund investors, hedge funds advanced .51 percent in December. &#160; Hedge funds finished [...]]]></description>
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		<title>Steel Partners Seeks to Convert Biggest Fund to Public Company</title>
		<link>http://www.hedgeco.net/news/01/2009/steel-partners-seeks-to-convert-biggest-fund-to-public-company.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/steel-partners-seeks-to-convert-biggest-fund-to-public-company.html#comments</comments>
		<pubDate>Mon, 12 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[conversion]]></category>
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		<category><![CDATA[investors]]></category>
		<category><![CDATA[liquidity]]></category>
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		<category><![CDATA[partnership]]></category>
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		<category><![CDATA[warren lichtenstein]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Activist investor Warren Lichtenstein is seeking to convert his largest hedge fund into a publicly traded partnership after clients sought to withdraw 38 percent of their money. The $1.2 billion Steel Partners II Fund lost 39 percent last year and froze redemptions in December, according to a presentation to investors last week. Lichtenstein [...]]]></description>
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		</item>
		<item>
		<title>Bank Safdie Dodges Madoff Loss, Predicts More Hedge Fund Rules</title>
		<link>http://www.hedgeco.net/news/01/2009/bank-safdie-dodges-madoff-loss-predicts-more-hedge-fund-rules.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/bank-safdie-dodges-madoff-loss-predicts-more-hedge-fund-rules.html#comments</comments>
		<pubDate>Thu, 08 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[absolute-returns]]></category>
		<category><![CDATA[banque safdie]]></category>
		<category><![CDATA[benedict]]></category>
		<category><![CDATA[bernard madoff]]></category>
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		<category><![CDATA[chief executive officer]]></category>
		<category><![CDATA[credit suisse group]]></category>
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		<category><![CDATA[group-ag]]></category>
		<category><![CDATA[notz stucki]]></category>
		<category><![CDATA[ponzi scheme]]></category>
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		<category><![CDATA[swiss bank]]></category>
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		<category><![CDATA[union bancaire privee]]></category>
		<category><![CDATA[wealth manager]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Banque Safdie SA, the Geneva-based wealth manager that withdrew money invested with Bernard Madoff three years before his alleged Ponzi scheme unraveled, said the scandal will mean more hedge fund regulation. &#8220;What Madoff has done is highlight the lack of regulation,&#8221; Safdie Chief Executive Officer Claude Le Ber said in an interview from [...]]]></description>
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		</item>
		<item>
		<title>Hedge Funds Will Be Ruined by Withdrawal Limits:</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-funds-will-be-ruined-by-withdrawal-limits.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-funds-will-be-ruined-by-withdrawal-limits.html#comments</comments>
		<pubDate>Tue, 06 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bad situation]]></category>
		<category><![CDATA[capital llc]]></category>
		<category><![CDATA[cerberus capital management]]></category>
		<category><![CDATA[cerberus-capital-management-lp]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[citadel-investment-group-llc]]></category>
		<category><![CDATA[definition of a hedge fund]]></category>
		<category><![CDATA[exceptions]]></category>
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		<category><![CDATA[investment business]]></category>
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		<category><![CDATA[withdrawals]]></category>
		<category><![CDATA[year end]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Looking for a new definition of a hedge fund? How about an organization that takes 20 percent of the profits on your money in the good times, then refuses to let you have it back when the weather turns rough? We all know the hedge-fund industry had a terrible 2008. With a few [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Success of managed futures is a mixed bag</title>
		<link>http://www.hedgeco.net/news/01/2009/success-of-managed-futures-is-a-mixed-bag.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/success-of-managed-futures-is-a-mixed-bag.html#comments</comments>
		<pubDate>Fri, 02 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[chicago tribune]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[credit-suisse]]></category>
		<category><![CDATA[futures contracts]]></category>
		<category><![CDATA[futures funds]]></category>
		<category><![CDATA[havens]]></category>
		<category><![CDATA[hedge-fund-index]]></category>
		<category><![CDATA[individual investors]]></category>
		<category><![CDATA[investment-funds]]></category>
		<category><![CDATA[magnetar-capital-llc]]></category>
		<category><![CDATA[managed futures]]></category>
		<category><![CDATA[market turmoil]]></category>
		<category><![CDATA[mixed blessing]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[retirement savings]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[trading-futures]]></category>
		<category><![CDATA[tremont-hedge-fund-index]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Chicago Tribune &#8211; Strong returns are a mixed blessing this year for investment funds that specialize in trading futures contracts. While the stock market plunged about 35 percent, managed futures funds posted annual returns of about 16 percent, according to the Credit Suisse Tremont Hedge Fund Index. That makes them one of the few havens [...]]]></description>
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		</item>
		<item>
		<title>Paulson Not on Board with Redemption Restrictions</title>
		<link>http://www.hedgeco.net/news/12/2008/paulson-not-on-board-with-redemption-restrictions.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/paulson-not-on-board-with-redemption-restrictions.html#comments</comments>
		<pubDate>Wed, 31 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[advantage fund]]></category>
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		<category><![CDATA[rab]]></category>
		<category><![CDATA[subprime crisis]]></category>
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		<category><![CDATA[troubled economy]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; John Paulson, head of hedge fund firm Paulson &#38; Co., recently spoke his mind on the wave of redemption freezes that many managers have chosen to impose.&#160; &#8220;We think it&#8217;s a mistake for our managers to use gates and other tools to limit investor access to their funds,&#8221; Paulson stated in [...]]]></description>
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		</item>
		<item>
		<title>Game changes for hedge funds</title>
		<link>http://www.hedgeco.net/news/12/2008/game-changes-for-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/game-changes-for-hedge-funds.html#comments</comments>
		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[boom times]]></category>
		<category><![CDATA[flood]]></category>
		<category><![CDATA[future funds]]></category>
		<category><![CDATA[hedge-fund-managers]]></category>
		<category><![CDATA[illiquid markets]]></category>
		<category><![CDATA[illiquid-assets]]></category>
		<category><![CDATA[international-herald-tribune]]></category>
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		<category><![CDATA[money]]></category>
		<category><![CDATA[new year]]></category>
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		<category><![CDATA[shakeout]]></category>
		<category><![CDATA[watchword]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[International Herald Tribune &#8211; Hedge funds have suffered a shakeout in 2008. The average hedge fund fell almost 20 percent, according to Hedge Fund Research. No fund has yet required a bailout. But many won&#8217;t be around in the new year, and those that have survived are battered and bruised. Hedge fund managers must accept [...]]]></description>
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		<title>Westpac freeze on $1.2b held in US hedge fund</title>
		<link>http://www.hedgeco.net/news/12/2008/westpac-freeze-on-12b-held-in-us-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/westpac-freeze-on-12b-held-in-us-hedge-fund.html#comments</comments>
		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Sydney Morning Herald &#8211; The&#160;Westpac-controlled BT Investment Management delivered grim season&#8217;s greetings to retail investors when it froze withdrawals from a $1.2 billion fund days before Christmas. The funds manager suspended all redemptions from its Global Return Fund, which has invested in international hedge funds since 2001 and into which investors have each poured a [...]]]></description>
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		<title>Magnetar Said to Limit Fund Withdrawals After Losses</title>
		<link>http://www.hedgeco.net/news/12/2008/magnetar-said-to-limit-fund-withdrawals-after-losses.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/magnetar-said-to-limit-fund-withdrawals-after-losses.html#comments</comments>
		<pubDate>Tue, 23 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Activist Funds]]></category>
		<category><![CDATA[alec litowitz]]></category>
		<category><![CDATA[amp]]></category>
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		<category><![CDATA[capital llc]]></category>
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		<category><![CDATA[gates]]></category>
		<category><![CDATA[magnetar capital]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Magnetar Capital LLC, the $8 billion hedge-fund firm co-run by former Citadel Investment Group LLC trader Alec Litowitz, limited withdrawals from its biggest fund after it lost 30 percent this year through November, according to two people familiar with the fund. The restrictions, known as gates, were triggered after clients sought to pull [...]]]></description>
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		</item>
		<item>
		<title>Change Ahead for Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/change-ahead-for-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/change-ahead-for-hedge-funds.html#comments</comments>
		<pubDate>Mon, 22 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York Times &#8211; Hedge funds have suffered a shakeout in 2008. The average hedge fund fell almost 20 percent, according to Hedge Fund Research. No fund has yet required a bailout. But many won&#8217;t be around in the new year, and those that have survived are battered and bruised. Hedge fund managers must accept [...]]]></description>
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		<title>Hedge Funds Rally in December, Post Record Losses on the Year</title>
		<link>http://www.hedgeco.net/news/01/2008/hedge-funds-rally-in-december-post-record-losses-on-the-year.html</link>
		<comments>http://www.hedgeco.net/news/01/2008/hedge-funds-rally-in-december-post-record-losses-on-the-year.html#comments</comments>
		<pubDate>Sat, 12 Jan 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Although hedge funds finished up 2008 with some of the worst numbers to date, they showed some signs of promise in December.&#160; According to the latest research by the Hennessee Group LLC, a New York-based advisor to hedge fund investors, hedge funds advanced .51 percent in December. They finished up the [...]]]></description>
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