Tuesday, July 3, 2007

Hedge fund IPOs no sure fire way to high returns

(Reuters) - Hedge fund Och-Ziff Capital Management Group, which invests
$27 billion, on Monday became the latest in a small but growing
number of hedge fund and private equity firms to announce plans
for an initial public offering.




GLG Partners LP and Third Point LLC recently announced
their plans after Fortress Investment Group LLC , which
manages $36 billion, went public in February.


Read more at Reuters.com Mergers News

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