Hedge Fund Finvest Denies Claims It Is Blowing Up

Aug 8 2008 | 9:29am ET

Is Finvest blowing up? Sources familiar with the multi-strategy hedge fund firm have told FINalternatives that that the firm is indeed going under. However, Gad Grieve, a principal at Finvest Asset Management, says those reports are simply bogus.

“I have absolutely no idea from where this originates, and clearly and categorically I must state that these suggestions are malicious and untrue,” declared Grieve. 


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