[chairface]

The only reference I found to their hedge fund said that it hasn't launched yet, not that it has failed.

[rdp]

My interpretation of this document is that the initial attempt at creating the fund failed and those involved were trying to salvage it. http://wikileaks.org/gifiles/docs/400961_fw-failure-of-strat...

[chairface]

Thank you for the reference - I agree, that's the most likely interpretation of the email. I wonder why this wasn't called out more strongly when the hedge fund was mentioned in the press release.