(Barrons) The nation’s largest manager of alternative assets, Blackstone Group, is closing its two-year-old Senfina Advisors after it lost almost a quarter of its value in 2016. It’s a huge about face for this once high-flying hedge fund. As Blackstone’s first in-house, multi-manager fund, it posted a 21% gain last year, but has so far failed to bounce back from a 17% loss in February…
Another Formerly High-Flying Hedge Fund Bites The Dust
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