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Hatteras rejected a 20% haircut and lost three quarters of the fund - Opalesque
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Hatteras rejected a 20% haircut and lost three quarters of the fund - Opalesque
Matthias Knab, Opalesque for New Managers: In December 2019, the board of the Hatteras funds had a decision to make. Two established secondary brokers had each looked at the portfolio and come back with much the same answer: liquidating it would take about a year and cost roughly 20% of net asset va... Article link
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