Wednesday, 26 April 2017
Last updated 21 min ago
Dec 23 2008 | 8:52am ET
Sydney, Australia-based HFA Holdings said it has suspended redemptions on three funds of hedge funds with immediate effect, citing “deteriorating liquidity in underlying investments.”
The firm said in a statement it had frozen redemptions from the HFA Diversified Investments Fund, the HFA Octane Fund, and the HFA Octane Fund Series 2.
Through its subsidiaries, HFA Asset Management and U.S.-based Lighthouse Investment Partners, the firm has in excess of US$6 billion in total assets.