What If Meredith Whitney Were To Tell You Her Hedge Fund Is Eyeing 12-17% Annual Returns?

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Whitney’s Kenbelle Capital LP started trading on Nov. 1 with $50 million from Bluecrest partners and other investors, said the presentation, a copy of which was obtained by Bloomberg News. Kenbelle, which invests in U.S. equities, is aiming for returns of 12 percent to 17 percent annually.