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Hedge Funds Bet on the Mating Dance

August 19, 2016 : Permanent Link

(Bloomberg) Poor, poor hedge funds.Returns have plummeted and investors are fleeing. Pensions headed for the exits, and now endowments are close behind.No hedge fund seems to be immune from the fallout. Brevan Howard and Tudor Investment are just the latest marquee funds suffering an exodus of investors.But hope for some hedge funds and their hangers-on is springing up in a seemingly unusual place: abandoned mergers and acquisitions.

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