Hedge Funds That Took Roman Abramovich’s Billions Have No Way Out

(Bloomberg) When Concord Management came calling with the promise of checks for as much as $100 million, more than 100 hedge funds and private equity firms jumped at the offer.   Most of the $6 billion behind Concord belongs to Roman Abramovich, who earlier this month was sanctioned by the European Union and the U.K. as part of sweeping penalties against billionaires believed to be close to Russian President

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