Occitan To Close Amidst Losses

May 22 2013 | 12:41pm ET

Occitan Capital Partners is closing its doors after less than three years in business.

The London-based hedge fund has returned most investor capital and will close within a few months. Firm founders Herve Gallo and Thomas de Garidel-Thoron elected to pull the plug earlier this year, after losing money in both 2011 and 2012, including a 14% drop in the latter.


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