Hedge Funds Trapped in Ireo Saga to Pick Varde as Manager
George Hicks, co-founder and chief executive officer of Varde Partners LP, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Hedge Funds Trapped in Ireo Saga to Pick Varde as Manager

(Bloomberg) -- Foreign investors who backed an Indian real estate venture and now say they were victims of a $1.5 billion fraud are planning to appoint a new manager for the private equity style op...
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