2009-07-07 — theage.com.au
``There are signs of life returning to the hedge-fund industry. Assets under management are rising. New funds are being launched. Some are even making money...
About 150 new ones were started from January to March this year, according to statistics compiled by Hedge Fund Research Inc. Some of them are pretty big. Roc Capital Management, started by Arvind Raghunathan, raised $US1 billion.''
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