Investor sues hedge fund Medley Capital in redemption dispute

Hedge Funds Review – Fintan Partners has asked a New York court to enforce redemption terms in a side-letter agreement as investors lose patience with suspended hedge funds and in particular Medley Opportunity Fund.

Fund of hedge funds (FoHF) manager Fintan Partners is turning to the courts to resolve a redemption dispute with Medley Capital, a credit hedge fund that was restructured in the financial crisis.

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