Paul Tudor Jones doesn't want your stinking cash

Discussion in 'Wall St. News' started by turkeyneck, Dec 17, 2009.

  1. Dec. 17 (Bloomberg) -- In a year when investors pulled an estimated $118 billion from hedge funds through November, Paul Tudor Jones was one of at least six managers who decided it was time to turn away cash.

    BVI Global Fund Ltd., Jones’s biggest, stopped taking new investments after bringing in $1.3 billion from March to July, according to a person with knowledge of the matter. Brookside Capital Partners LP and Woodbine Capital Advisors LP also have closed or restricted inflows, said people familiar with the firms, who asked not to be named because the funds are private.