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April 10, 2019  

Wilcox Pulls the Plug on Cider Mill

Cider Mill Investments is shutting down.The $300 million-plus equity shop will return all capital to investors at the end of this month. Most of its 12 employees already have departed.While there’s no official reason for Cider Mill’s shutdown, volatile performance likely was a cause. The Greenwich, Conn., firm’s Cider Mill Master Fund was up 11.1% in the first quarter, following a 10.8% loss in 2018 and gains of 12.2% in 2017...

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