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For Raging Capital, It Was a Quarter to Forget

The long-short fund headed by Bill Martin is counting on its short positions to resume its stellar long-term record.

    Photo Credit: Sarah Day-Boodhoo Photography.One of the hottest hedge funds in recent years suffered a major setback in the second quarter. Raging Capital Management, founded in 2006 by William Martin, posted a loss of around 24 percent in the three months through June, pushing the firm’s hedge funds down nearly

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