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...The hedge fund, which offers clients monthly liquidity, has been trying to secure longer-term capital that will help it better withstand periods of stress amid a higher interest rate environment and an escalating...
...The clients subsequently confirmed that both cases had been frauds....
...Despite the resistance, TD Cowen analyst Jaret Seiberg wrote in a note to clients that the initial political response had so far been “less negative than expected”....
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...among its clients....
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...The issue has taken on a heightened importance for clients, whose money is tied up in the firm for years....
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