Turkish Bank to Launch $300 Million Hedge Fund
| April 21st, 2009 | ||
| Reuters reported yesterday that Garanti Bankasi of Turkey is planning to launch a hedge fund named Istanbul Fon next month. The fund will launch with approximately $300 Million in assets and will invest 70% of its assets in Turkish securities, while the remaining assets will be invested in G7 governments and companies. | ||
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Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings
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