Zoe Cruz Said to Liquidate Hedge Fund Voras Capital

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Zoe Cruz, the former co-president of Morgan Stanley who was oustedBloomberg Terminal in 2007, is liquidating her $200 million hedge fund after losing 8 percent last year, according to a person with knowledge of the matter.

Voras Capital Management LP, which Cruz startedBloomberg Terminal in New York about two years ago, will return money to investors in the coming months, said the person, who asked not to be identified because the information is private.