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Perry Capital closing NY flagship fund after almost three decades

One of the biggest names in hedge funds, Mr Perry was also part of an elite group of proteges of Robert Rubin at Goldman Sachs Group Inc. Mr Rubin later became US Treasury secretary in 1995, under the Clinton administration.

New York

RICHARD PERRY, one of the biggest names in hedge funds, is calling it quits after 28 years.

Mr Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors on Monday, he