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Hedge Fund Assets 2009: $77 Billion Of Investor Money Still Frozen, Despite Year Of High Returns

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About $77 billion in hedge fund assets that were frozen during the credit crisis are still restricted, according to estimates by Credit Suisse Tremont Index LLC, even after the biggest stock-market rebound since the 1930s and a record rally in credit markets revived demand for some assets considered illiquid a year ago.

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