Hedge Funds Find Value In Bitcoin Mt Gox Wreckage

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Rupert Hargreaves
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As we reported several times last year, hedge funds are increasingly looking to illiquid assets to provide alpha in a challenging market environment.

Last year, the flavor of the year for illiquid investment seeking hedge funds was distressed oil and gas debt. And for those not interested in this sector, Andrew Lawrence Rosebrook Capital Partners said out to buy illiquid stakes in other hedge funds directly.

As part of hedge funds’ continual quest to find the opportunities that offer the most alpha, the Financial Times reports that the sector is now chasing creditor claims with the failed bitcoin exchange Mt Gox.

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