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Arini flagship fund falls 16% as investors keep funding it
The fund manages $7.3 billion and investors are still adding capital, betting rising rates will create opportunities for its strategy.
WSJ Markets reports that Arini, a hedge fund known for bold bets, saw its $7.3 billion flagship fund decline 16%.
Despite the drop, investors are continuing to put money into the vehicle, positioning the inflows around the idea that rising rates could open up more opportunities for the firm’s founder, Hamza Lemssouguer.
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