Hedge fund may go under liquidator’s protection

| 31/03/2009

(Bloomberg): A Cayman Islands court may decide tomorrow to put Dynamic Decisions Capital Management Ltd.’s main hedge fund under the protection of an outside firm after investors accused the manager of “gross mismanagement and misfeasance,” according to people familiar with the case. The Grand Court of the Cayman Islands is set to consider a petition for a provisional liquidator to safeguard DD Growth Premium Master Fund, said the people, who asked not to be identified because they’re not authorized to discuss the case.

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