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DE Shaw, one of the largest hedge funds in the world ($28 Billion AUM), announced today that it is setting up a team to examine buy distressed assets from other hedge funds. The fund will be called DE Shaw Portfolio Acquisitions Unit.
Read the original post:
The Hedge Fund Blog Man: Hedge Fund D.E. Shaw to buy Distressed …
Previous post: Hedge Fund Wins ‘Terminator’ Auction
Next post: Wall Street Manna: Hedge funds trying to stir up fear
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