Blackstone-backed hedge fund's asset value down 15 pct in H1

From Reuters: The net value of the assets managed by Senrigan Capital, backed by Blackstone Group, fell almost 15 percent in the first six months, Bloomberg reported, citing a performance estimate sent to investors.

Senrigan Master Fund's assets dropped to about $754 million at the end of June, according to the document, after surpassing $1 billion at the start of the year, the news agency said. The document did not give a reason for the fall....

Read more at http://in.reuters.com/article/2012/07/19/blackstone-senrigan-idINL4E8IJ1YM20120719