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March 20, 2019  

Big Bet on Orange Juice Backfires for Trafelet

Remy Trafelet is getting out of the fund-management business following a difficult period for him both professionally and personally.In the past few months, Trafelet has liquidated a long/short equity fund he ran for nearly two decades, after it lost 37% last year. He split with his business partner, George Brokaw, and dissolved their New York firm, Trafelet Brokaw Capital. He lost control of a special-purpose vehicle called 734 Investors after...

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