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Unlucky for some

23 March 2017 By Tom Buerkle

Eric Mindich set a possible record raising over $3 bln to launch his fund in 2004. After a dismal 2016 cut the firm’s assets to $7 bln, the ex-Goldman star is following other big names who could no longer make the high-fee model work and closing down. Good luck to lesser mortals.

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