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Hedge Fund Level Global Is Shutting Down

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The following letter was just sent to investors.

Earlier this morning we reported the fund had had $750 million in redemption requests and had discussed the possibility of liquidation with investors. Stay tuned for a fun story I have for you about a conversation with the firm that took place on Wednesday!

Level Global Letter To Investors [PDF]

Earlier: Level Global Has Received $750 Million In Redemption Requests