Tuesday, July 3, 2007

United Capital halts hedge fund refunds: report

(Reuters) - The company has had an unusually high number of redemption
requests, including one from an investor who had put up about
25 percent of the funds' money, and it did not want to be a
forced seller of securities, Bloomberg said, citing a
spokesman.




The spokesman was not immediately available for comment.


Read more at Reuters.com Business News

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