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December 06, 2017  

Columbus Circle Bows Out of Hedge Funds

Columbus Circle Investors is shuttering its hedge fund-management business.The Stamford, Conn., unit of Principal Global Investors began the process in the past month or so. At the same time, it has continued to emphasize its core work as a long-only manager.Columbus Circle’s hedge fund roster encompassed a series of vehicles that invested separately in healthcare and technology stocks. Their unwinding follows a period of steep decline...

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