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July 30, 2010



KPMG Ready To Begin Distribution Of Portus Assets,

Receiver for failed Canadian hedge fund, Portus Alternative Asset Management is ready to begin distributions to investors, according to a filing last week in the Ontario Superior Court.

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Greg Coffey quits GLG to start hedge fund

GLG's star trader Greg Coffey has quit to start his own hedge fund after failing to agree a new salary and conditions package with GLG's management.

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Hedge fund trying to gain foothold on Aquila's board

Aquila Inc. apparently has been forced to nominate to its board of directors a partner in an investment firm that's a major stockholder in the company.

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