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Unfounded Rumors, HF Edition

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* TPG: -20%, YTD
* Trafelet-Delta: -30%, YTD
Obviously it's sad when any fund is down, but it's particularly upsetting for Traf, which, in a highly credible rumor, is said to have rented a yacht and sailed it down to the Caribbean for last year's office party. This year's soiree will likely be downsized considerably. (20 minute cash bar on Positive Carry).