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Hedge Funds Turn to Private Capital Playbook in Search of Assets

  • Sundheim invests in private equity; Cohen likes venture bets
  • Managers shift gears as hedge fund industry suffers outflows
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2018 Hedge Fund Winners and Losers

Hedge funds are trying on new stripes as the industry’s traditional investing style loses its luster.

Dan Sundheim likes private equity. Tom Wagner seeks a drawdown fund. Steve Cohen eyes venture capital.