Salt provides party backdrop to thorny capital-raising
Despite Salt's party atmosphere in Las Vegas at night, capital introduction is a hard day's slog for hedge fund managers.
"If you like money, put your hands in the air!" bellowed a singer from the stage at the poolside party for Salt Las Vegas.
Of the hundreds of hedge fund industry delegates attending the conference's Latin-themed gala dinner, not a single hand went up.
Possibly it was out of good taste, or because they were holding a drink in one hand and a freshly-rolled Cuban cigar in the other. One delegate was seen stirring his drink with an unlit cigar.
As the night rolled into early …
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