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Hedge Funds Bleed Out, More Closures | Swfi - Sovereign Wealth Fund Institute

by swfinstitute.org posted 1week ago 16 views
Boston-based Highfields Capital Management, which managed money for large clients like Harvard Management Co., is shutting down after a period of “low” returns. The hedge fund will convert into a family office, returning approximately US$ 10 billion to clients. Jonathon Jacobson co-founded the hedge fund with Richard Grubman who exited Highfields Capital in 2010. Jacobson […]