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After Three Years of Losses, Brahman is Back in the Black

The long-short fund finally put its huge, ill-fated bet on Valeant behind it.

  • By Stephen Taub

       Brahman Capital is well on its way to posting its first profitable year in four years. The hedge fund firm posted a 2 percent gain in its Brahman Partners II fund in the third quarter despite suffering a sharp loss in September. As a result, the fund is up 13

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