Hedge Fund News From HedgeCo.Net

Hedge Fund Exits Get a Workout

March 2, 2016 : Permanent Link

(Bloomberg) Mutual-fund investors are impatient, quick to yank money from funds that perform poorly. That’s the common perception, anyway. But it turns out that hedge-fund investors are similarly impatient, even though they’re often thought of as bigger institutions that make more measured long-term decisions. The latest example is Golub Capital’s decision to shut down a $150 million credit hedge fund that invested in distressed debt, according to a Bloomberg News article on Monday by Sridhar Natarajan and Carol Ko.

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