The Return of the Long Lock-Up?

Successful new launches from Andrew Feldstein’s BlueMountain and Per Joseffson’s Brummer & Partners suggest that investors are no longer afraid of parting with their capital for long periods of time.

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BlueMountain Capital’s Andrew Feldstein
Photo Credit: (Bloomberg)

Are hedge fund investors starting to get comfortable with longer lock-ups again? It looks that way, if two recent offerings are any indication.

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