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Alternative Market Briefing

Swiss firm Horizon21 closes 3 funds of hedge funds
Tuesday, March 31, 2009

From the Opalesque Team: Swiss alternative management firm is closing three of its FoHFs, reported Swiss daily Le Temps on Saturday. Spokesman Urs Wieser claimed the closures were not linked to the funds’ strategies, but were caused by clients’ wanting to redeem and park their capital in cash positions. The liquidation process will take a few months.

At the end of February, the AuM of the 3......................

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