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A Delicate Balance

Deutsche Bank co-head of prime brokerage Barry Bausano says that, despite the recent market turbulence, the relationship between hedge funds and their prime brokers has evolved into something of a partnership.

Say it ain't Sowood. If ever there were an example of the vital -- and delicate -- relationship between hedge funds and their prime brokers, it is the case of Sowood Capital Management. The Boston-based hedge fund firm was flying high this spring. Its flagship $3 billion Sowood Alpha Fund

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