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Famed short-seller Feshbach liquidating fund

Title: Famed short-seller Feshbach liquidating fund
Date: Thursday, 19 June 2008
Publisher: Reuters UK
Author: Diane Hamilton
Main source: uk.reuters.com

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NEW YORK, June 19 (Reuters) - Matt Feshbach, one of the most famed short-sellers of the 1980s, is liquidating his latest fund after months of stock losses. Feshbach said on Thursday he was liquidating Largo, Florida-based MLF Investments, which peaked at more than $200 million in 2006, by distributing holdings in its two remaining stocks to his investors. "I believe it was in the best interests of my investors to distribute the underlying securities that the fund held," Feshbach told Reuters ... [Read the rest at uk.reuters.com]