Diamondback Liquidating After $520M Client Exodus

Diamondback Liquidating After $520M Client Exodus Play

Dec. 6 (Bloomberg) -- Bloomberg's Stephanie Ruhle reports that Diamondback Capital Management LLC is liquidating after an exodus of clients. The fund received requests from investors to withdraw about $520 million, or 26 percent of its assets and the firm plans to return the majority of clients’ cash next month. She speaks on Bloomberg Television's "In The Loop."

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