Money | George Soros Soros Kicks Investors Out of His Hedge Fund He'll manage exclusively family assets from now on By Kevin Spak Posted Jul 26, 2011 10:15 AM CDT Copied Chairman of Soros Fund Management, USA, George Soros, speaks at the Seehof hotel on the sidelines of the World Economic Forum in Davos, Switzerland on Wednesday, Jan. 26, 2011. (AP Photo/Michel Euler) From now on, George Soros’ hedge fund is strictly a family affair. The billionaire has decided to oust all outside investors from the fund, in order to duck new federal regulations requiring hedge funds to register with the SEC, Bloomberg reports. From now on, the fund will manage Soros’ own money and that of his family. The move is mostly symbolic, however—less than $1 billion of the fund’s $25.5 billion in assets belonged to outsiders. Read These Next SCOTUS sounds skeptical about law banning gay conversion therapy. Felix Baumgartner's death attributed to his own error. Robin Williams' daughter: AI clips of him are 'disturbing' You might want to take mass transit instead of driving in this city. Report an error