Jon Daurio, chairman and CEO of Kondaur Capital, a mortgage investing vulture fund, said the closing of a private equity firm that pledged up to $1 billion for his investments will not slow his firm's growth, according to a report published in The Orange County Register."

"Not in the slightest," Daurio told the newspaper. The hedge fund is Pequot Capital Management, which recently said it would close because of an ongoing investigation by the Securities and Exchange Commission.

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