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Video – Tough times for hedge funds and private equity
2008 is shaping up to be a challenging year for hedge funds and private equity but there are opportunities if you know where to look.
From London to Tokyo to New York the turbulence in the stock market is driving hedge funds and private equity firms to look beyond equities.
Despite opportunities in other investments, hedge funds are still folding at a fairly rapid clip.
Funds which oversaw nearly $4 billion dollars in assets have already closed their doors in the first quarter of 2008.
Ruben Ramirez reports.