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View Full Version : Legg Mason unit eyes distressed sales: report (Reuters)


Yahoo! Finance
10-14-2008, 02:42 AM
<b>Yahoo! Finance: Mutual Fund News</b>

Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc , is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the Financial Times said.

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