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New Funds Need to Clear Higher Hurdle to Survive

A new study from Citi says new funds must grow assets beyond $250 million to survive for the long haul.

Most small hedge funds will be hard pressed to survive over the long haul unless their performance allows them to significantly grow beyond $250 million in assets, according to a comprehensive study of hedge fund business expenses. The study, published by Citi Prime Finance, found that the average small hedge-fund

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