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In the week ending 18 March, 2016, Opalesque reported the Clerkenwell Matterhorn Fund is up net 91% since inception in Sept. 2012, annualizing a 20.5% net return through January 2016. It was also reported that Leda Braga is outperforming the markets and her peers while BlackRock Inc's $1.9bn Obsidian hedge fund posted a negative 7.5% YTD return through March 4.

The number of hedge fund closures in 2015 have reached the 2008 global financial level, said HFR.

Sequoia Fund, Pershing Square and Paulson & Co. lost nearly $3bn in assets as shares of Valeant Pharmaceuticals dropped 52% last week; hedge funds saw $158.7bn in outflows through the fourth quarter of 2015, up from $87.2bn in 3Q; Bob Treue has re-opened his $666m hedge fund Barnegat to outside investors as opportunities improve; Bleichmar Fonti & Auld has reached an agreement to recover $219 million for investors in Genworth Financial; Douglas Greenig said he raised about $500m from Brummer & Partners this month; and Brevan Howard is giving full control of the $450m London Diversified Fund to David Gorton.

Lyxor Asset and Koris International announce the launch of a Dynamic Core-Satellite alternative multimanager strategy; Charles and David Koch have started a new family office to quietly invest their fortune; Priomha Capital has launched a European fund and hopes to raise tens of millions of dollars under management; and Dan Kamensky has secured b......................

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