Paul Tudor Jones, join the club. The famed hedge fund manager has been forced to suspend redemptions, like so many of his peers, in the face of what has been a debilitating rush to the exits. The Financial Times reports he sent investors a letter explaining that clients were seeking to redeem 14 percent of the Tudor BVI fund at the end of the year. That would have left the fund holding too large a proportion of illiquid assets, particularly corporate credit in emerging markets. Which is unfortunate, in a sense, because the Tudor BVI fund has fared well, relatively. It's down only 5 percent. He's planning to split the bad assets out of the fund. After such assets are culled, he'll once again open the redemption doors to the main fund, which will remain a macro fund.

For more:
- here's the article [1]

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Paul Tudor Jones news from FierceFinance [2]