Hedge Funds Get 'Gazumped' in New Poaching Strategy

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Bloomberg Markets 1 day ago • bloomberg.com

Hedge Funds Get 'Gazumped' in New Poaching Strategy

The fight for talent in the hedge-fund industry has reached new extremes, with hedge funders using maneuvers like "gazumping" to grab more money for themselves, resulting in a vicious price spiral. Just how much gazumpin…

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