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Hedge Funds Shun the Private Markets

Previously active firms in the venture capital market haven’t made any new investments over the past month or two.

A number of hedge fund firms known for aggressively investing in private companies have abruptly halted these efforts.More than a half-dozen firms didn’t make a single new venture capital investment in May, while several haven’t made a private investment this entire quarter.The sharp pullback in activity is due to the

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