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SEC issues subpoenas to DB Zwirn hedge fund
  Hedgeweb - WED, MAY 28 2008
News The SEC has issued subpoenas requesting information about the valuation of some high-yield bond assets at the $5bn DB Zwirn hedge fund, which is being wound down after massive redemptions.

DB Zwirn invested in corporate loans and other credits, mainly to smaller companies, that are illiquid and hard to value.
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