Fortress, Bain Lead Hedge Funds Liquidating in Market Volatility

  • This year's shutdowns total more than $16 billion in assets
  • Comac Capital, JAT among firms that have returned client money

Fortress Plans to Liquidate Novogratz's Macro Business

Fortress Investment Group LLC and Bain Capital are leading the list of big-name money managers liquidating hedge funds this year as volatility roils global markets.

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