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Talpion hedge fund to become family office

By Attracta Mooney

Henry Swieca is reportedly following the example of George Soros and turning his $500 million (€383.6 million) hedge fund Talpion Fund Management into a family office.

The move comes ahead of new Securities and Exchange Commission regulations, which require hedge funds to register with the SEC by March 2012 if they want to manage the money of outside investors.

According to Bloomberg, 54-year-old Swieca will return about $100 million to outside investors.

Read the full story at CampdenFO