Traxis Partners LP, the $1.2 billion hedge fund started by Barton Biggs, told purchasers it’ll liquidate a vehicle he managed and transfer the assets to a different pool following his death over the weekend.
The Traxis international Equity Macro Fund is going to be cashed out and also the assets are going to be invested on Aug, one within the Traxis Fund, managed by partners Amer Bisat, Andy Skov and Krishen Sud, the Greenwich, Connecticut-based firm told purchasers during a letter, a replica of that was obtained by Bloomberg News. Investors can have the choice of withdrawing their cash at the tip of this month.
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Tris
/ March 11, 2012May be very exciting to see what happens
SGL admin
/ July 12, 2012Yes it will be