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IPFS News Link • Stock Market

Billionaire Hedge Fund Manager Paul Singer Hedges Against Upcoming Market Crash

• https://www.zerohedge.com by Tyler Durden

Elliott Management, a $38.3 billion activist fund, has spent the summer months stockpiling cash, closed a $2 billion co-investment fund in August to take companies private.

Now Singer is scrambling to raise an additional $5 billion, in a new funding round, before the cycle turns, according to FT sources. 


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