Posts Tagged ‘Centaurus Alpha’

Closed Centaurus Fund’s Upside

March 30, 2011

In the middle of the financial meltdown in December 2008, Centaurus Alpha Fund went down like so many other funds. Investors rejected the management’s lockup proposal and so the firm decided to close the fund. Selling the assets in the portfolio and returning the money to investors took years. Meanwhile, of course, markets recovered.  (more…)