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New RAAC Series Launches Week's Sole ABS: For the time being, market postpones dealing with hedge fund closures, redemption halts

An order to temporarily suspend redemptions in United Capital Asset Management's group of Horizon hedge funds and the closure of a separate hedge fund managed by Denver-based Braddock Financial, might have been reason enough to shock and subdue the ABS market last week, especially because they were the latest...

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