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March 27, 2019  

Corrib Comes Back From '18 Loss

Event-driven shop Corrib Capital has reversed a performance downturn.The Minneapolis firm was running $484 million of gross assets in mid-August, but experienced outflows as its Corrib Master Fund lost 0.4% in September, 2.8% in October, 2.3% in November and 11.6% in December. It finished 2018 with an 8.9% loss.By Feb. 28, Corrib’s net assets had fallen to $239 million, according to the firm’s latest performance report. But at that...

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