With losses mountingthe average hedge fund is down 10% this yearhedge fund investors are increasingly looking to head for the exits, and hedge funds are putting up barriers, Dow Jones reports.
As a result, many investors, including pensions, endowments and hedge funds-of-funds, are resorting to alternative means to unload their shares, particularly the secondary market, even if it means selling at discounts as high as 50%.
One auction that matches buyers and sellers is
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