Locked up offshore (or illiquid “zombie” hedge funds )!


At the worst of the market turmoil in late 2008, an estimated $175 billion of capital was locked up in illiquid hedge funds, according to Hedge Fund Review. It is estimated that some $50 billion to $60 billion remains locked up in zombie funds, out of the reach of investors.

Read more NYTimes.com at:  http://dealbook.nytimes.com/2012/06/04/hedge-funds-of-the-living-dead/

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Happy Networking,

JD Morris

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Filed under Cartoons by JD Morris, News of the Day, Random Musing

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