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The first quarter of 2008 produced the first negative performance for a first quarter in HedgeFund.net\'s history, HFD reports. Also, While it seems like a bad time for Apollo Management to go public, it appears Leon Black\'s PE firm may have had no choice. Meanwhile, if the failure of Bear Stearns has taught any lesson, it\'s that HFs should move toward using multiple prime brokers, HFD reports. Finally, the Malaysia Securities Commission has sued Aeneas Capital Management, as well as others, for defrauding investors by allegedly manipulating the price of a domestic company. Added: 26-06-2008 |
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