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High yield fund

How Fred Hilmer threw $341,000 over the hedge

Crikey / Thursday, 8 November 2007

Australia’s $65 billion hedge fund industry is bracing for a headwind after Eureka Report named some of the big investors caught up in the Basis Capital collapse. Former Fairfax CEO Fred Hilmer, venture capitalist Roger Allen and Melbourne’s Myer Family are among those caught up in the mess, writes James Frost