Sentinel Fallout - Capital Fund Management Loses 27% of Assets

The Paris-based hedge fund, Capital Fund Management, said in a letter to investors that the fund was at risk of losing 27% of its assets — or approximately $407 million — on account of the bankruptcy of Sentinel Management Group.

Capital Fund Management’s Discus Master Fund is listed as one of Sentinel Management Group’s largest twenty creditors.

This entry was posted on Thursday, August 23rd, 2007 at 10:46 am and is filed under Careening. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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