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Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Pershing reports Landry’s stake; opposes CEO bid – Reuters
Amaranth withdraws lawsuit against Touradji – Reuters
New Trend Fund Management launches U.S. equity hedge fund – Hedge Week
BofA/Merrill: Hedge funds strong, but high-water marks elusive – Seeking Alpha
Ex-Renaissance MD Frey returns with new fund – Reuters
Credit hedge funds gaining popularity with institutional investors – Hedge Week
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