Sinclair To Liquidate Hedge Fund After Lacking Edge

Bloomberg – Hedge-fund manager Paul Sinclair is the latest casualty of Europe’s sovereign-debt turmoil, almost six thousand miles away from the epicenter of the crisis.

Sinclair, who is based in Los Angeles, is liquidating his $458 million health-care equities fund,Expo Capital Management LLC, after five years, as political decisions made on the other side of the globe have undermined his stock picks and spurred losses for a second year.

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