From the Wall St Journal: Goldman Sachs Group Inc. has decided to shut down hedge fund Global Alpha Fund LP by the end of October, according to a letter sent to clients on Wednesday.
The hedge fund, which used computer-driven models to invest, had about $1 billion in assets under management but had suffered losses of about 12% so far this year, according to a person familiar with the situation….
http://online.wsj.com/article/SB10001424053111904060604576573053089881550.html?mod=WSJ_hp_LEFTTopStories
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