Thursday, Aug 09, 2007
The loss comes as the hedge fund industry suffered its worst week in four years
financial.seekingalpha: Goldman Denies Hedge Fund Liquidation
After losing 7.7% in the week ended July 27, the fund is now -12.1% on the year, before fees, according to investors. In 2006, the Alpha fund lost 6%, after a robust 40% gain in 2005, and an average 15.1% since its inception in 1995. The loss comes as the hedge fund industry suffered its worst week in four years, with Hedge Fund Research's investable hedge fund index falling 3.01%. A Goldman spokesman declined to comment.
Posted by chris :-)) @ 04:23 AM (121 views) Add Comment
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