Diamondback to Liquidate, Return Client Cash
Dec. 6 (Bloomberg) -- Bloomberg's Stephanie Ruhle and Erik Schatzker report that Diamondback Capital Management LLC is liquidating after an exodus of clients. The fund received requests from investors to withdraw about $520 million, or 26 percent of its assets and the firm plans to return the majority of clients’ cash next month. They speak on Bloomberg Television's "Market Makers."
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