Talk about nerve: Cerberus looking for 3 year lock up for yet to be raised new hedge funds

"Even as their investors have given them huge lack of confidence vote by opting to redeem billions from their hedge funds, Cerberus is apparently planning a three year lock up for their newest hedge fund offerings which will be looking for new cash in the not too distant future. Talk about nervy. In our opinion, anyone who invests in these funds is asking to be fucked royally. "