(Bloomberg) The worst year for hedge funds since 2011 is good news for Andrew Lawrence, chief executive officer of Rosebrook Capital Partners.Lawrence, 55, is seeking to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redemptions, according to a person with knowledge of his plans.
As Hedge Funds Stumble, One Firm Prepares to Buy Illiquid Stakes
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