Bruised Hedge Funds Ask Clients for Fresh Cash to Buy the Dip
- ‘Liquidity and capital are king right now,’ one CIO says
- Citadel, Coatue among firms seeking to seize on the sell-off
Photographer: Feverpitched/iStockphoto via Getty Images
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First they lost money. Now hedge funds want clients to risk even more cash on the bets that caused the pain.