Richland Capital Quits Hedge Funds

Apr 30 2013 | 1:07pm ET

In a surprising move for one of Asia's most well-respected hedge fund managers, Richland Capital Management has shuttered its hedge funds and may close its doors entirely.

The Hong Kong-based fund, which managed about US$100 million in two hedge funds, has liquidated the portfolios and wound down yesterday. It is unclear why Richland moved to pull the plug on the funds.


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