Business Week Online notes an ominous sign: more hedge funds shutting down redemptions. You can sense that the temperature is rising on behalf of investors. The list of funds that have blocked access to funds includes GPS Partners, Pursuit Capital Partners and Alcentra European Credit. Not to mention Peloton (see above item). The hope is, that fund managers can buy some time and avoid a fire sale, which would cascade in a hurry. But what if turmoil doesn't abate, and more funds are forced to shut off redemptions? Wouldn't that merely build up water like a huge damn that eventually will break? Needless to say, the stakes are high here. 

For more:
- here's the Business Week Online article

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