A London-based fund firm is shutting down. Financial News reported that Julian Barnett,
the founder of Ridley Park Capital, told investors in a letter that the firm is
closing its doors after returns did not meet expectations in 2011. Barnett also
added that as a result of the poor performance in 2011, the firm “suffered
significant redemptions during the latter part of the year.” .
Ridley Park launched with approximately $350 million in
assets in 2011, but its current AuM was not disclosed…
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