Friday, 31 October 2014
Last updated 7 hours ago
Jul 3 2012 | 10:15am ET
Magnum U.S. Investments has shuttered four hedge funds, returning capital to investors.
The firm's Jericho Tax Lien Offshore Investments and Jericho 2010 Tax Lien Fund are self-liquidating, Opalesque reports. The funds are also no longer reporting prices to hedge fund databases.
Magnum provided the funds' consulting, back-office and marketing services, while advisory services were provided by Autumn Capital Partners.
In addition, Magnum told Opalesque that it had suspended net asset value calculations for the Jericho All-Weather Opportunity and MG Secured Debt Funds.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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