Mayfair's Hedge Funds Feeling The Credit Squeeze?

The UK's Hedge Fund sector had made its home in Mayfair, and according to reports, they could be facing a wave of closures and job losses as the global credit crunch takes its toll.

The Evening Standard speculates that a double whammy of lenders tightening their credit facilities, and nervous investors seeking to get their money back could have a potentially disastrous effect on many funds.

Read the report in the Evening Standard