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`Must Have’ Hedge Funds Attract Fifth of New Cash for Och, O’Shea, Singer

Bloomberg – Och-Ziff Capital Management Group LLC, Elliott Management Corp. and Comac Capital LLP pulled in almost a fifth of the money going into the $1.7 trillion hedge- fund industry this year, showing how selective the richest investors have become when allocating assets.

The three funds, which have combined assets of about $49 billion, together attracted $7.6 billion in net new money, according to investors, who asked not to be named because the funds are private.

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