Current news for this fund:
RREEF REFlex Fund - real estate multi-strategy
Count of distinct funds: 1
Back-add — 2008-11-05: An astute reader alerted us to the announced liquidation of the RREEF REFlex Fund, which was according to our tipster, "a multi-strategy hedge fund investing in realestate securities across the full capital structure." The fund announced its plans for liquidation in a letter dated May 22, 2008, which was provided to us.
Our tipster noted that the fund was down "-47.62% YTD" as of October 10th.
Comments: Be the first to add a comment
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
Important: This fund is on our list of hedge funds that have "imploded" (see also ailing lenders). However, please note that "imploded" is a somewhat subjective. The "imploded" list contains hedge funds (or other unregulated and autonomous speculative investment funds) which have gone through some sort of permanent adverse change. This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid mark-downs in net asset value; or abnormal "bail-out" by corporate parents or peers in order to avoid write-downs and provide liquidity. The funds are of any type and sector.