Hedge Funds Dunk Private Equity in Wall Street’s Charity Hoops
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The Hedge Fund team got the better of Private Equity for the second straight year in a charity basketball game that has raised more than $4 million for youth programs in New York City.
The 13th annual Net Gain Tournament was held last night at New York University and the 20-team, round-robin event tipped off with a Wall Street showdown between hedge-fund managers and private-equity executives.