| 23.12.2008 Opalesque Exclusive: Hedge fund managers try to ease investor fears amidst one-two punch of Madoff fraud and the rise of redemption gates |
| From Kirsten Bischoff, Opalesque New York: Hedge funds are bracing for the effects the current financial crisis will have on investor demands for further transparency. The brutal “one-two punch” in 4Q-08 of nearly 100 hedge fund managers activating redemption gates and then the unraveling of the Madoff fraud, have unleashed a torrent of investor anger and will likely result in increased industry |