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Hedge fund Atticus denies liquidation rumors: report Thu Sep 4, 7:28 PM ET Hedge fund company Atticus Capital denied market rumors it was liquidating its positions and closing down and said it had a large net capital position and was looking for investment opportunities, the Wall Street Journal reported on Thursday. Atticus's two main hedge funds have been hit with losses of between 25 percent and 32 percent this year through August, but investors are largely sticking with it, according to unnamed investors cited by the Journal. Stocks the Wall Street Journal said Atticus held in recent months, including Burlington...

Atticus hit hard by credit crunch By James Mackintosh in London Published: August 31 2008 23:35 | Last updated: August 31 2008 23:35 Atticus Capital, one of New York’s most powerful hedge funds, has lost more than $5bn (€3.4bn) this year, as its record as one of the world’s top performing money managers was damaged by the credit crunch. The firm’s two flagship funds fell by a quarter and almost a third by the end of August, marking among the biggest losses in dollar terms ever recorded by a hedge fund. This was as a result of its strategy of...