Relevant:
- RAB hedge fund offers lock-in deal as investors' losses grow
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- RAB Gets Ready to Re-Open Fund; Goes For Hard Assets
- Talk about nerve: Cerberus looking for 3 year lock up for yet to be raised new hedge funds
- Allianz Hedge Fund CFO Faces Liquidation After Investor Vote
2008-09-30 — hedgeweek.com
If you recall, after the Special Situations funds' value had fallen by half, RAB Capital had asked investors to lock-in their funds for three years or else risk full liquidation of the fund. The vote was completed yesterday, and HedgeWeek is reporting that investors have decided to stick around.
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