Wednesday, May 9, 2012

Voras Hedge Fund to Close


...And another one bites the dust.  Zoe Cruz, the former co-president of Morgan Stanley who was ousted in 2007, is liquidating her $200 million hedge fund after losing 8 percent last year, a person with knowledge of the matter told Bloomberg.

Voras Capital Management LP, which Cruz started in New York about two years ago, will return money to investors in the coming months, said the person, who asked not to be identified because the information is private…..

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/09/bloomberg_articlesM3RX056JTSE901-M3RZU.DTL#ixzz1uRTAcjOA

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