KM Financial Solutions | Activist hedge fund Marcato Capital to shut down after drop in assets
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Activist hedge fund Marcato Capital to shut down after drop in assets

Activist hedge fund Marcato Capital to shut down after drop in assets

Activist hedge fund Marcato
Capital Management, backed by Blackstone Group and
billionaire William Ackman, is shutting down as assets have
shriveled after two years of poor returns, sources said on
Sunday.

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