Bacon to Give Back $2B Amid ‘Constrained' Markets

Aug. 1 (Bloomberg) -- Louis Moore Bacon plans to give back $2 billion, or 25 percent of his main hedge fund, to investors, saying it may be too big for him to achieve past returns as "liquidity and opportunities have become more constrained." (Source: Bloomberg)
What You Need to Know: China, Greece, U.K. Elections
59:48 - Bloomberg's Jonathan Ferro briefs you on the day's top stories. (Source: Bloomberg)
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