accountPacific Alternative Asset Management Co (PAAMCO), the $9 billion fund of hedge funds manager based in California, is considering an appeal after a district court’s decision awarded hedge fund seeder S. Donald Sussman a 40% equity stake in the firm. According to the Wall Street Journal, in 2000 Mr. Sussman provided Jane Buchan, James Berens, Judy Posnikoff and William Knight with seed capital to...
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