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Viking Raises $1.5B for Hybrid Fund

O. Andreas Halvorsen’s fund is the latest offering from Tiger-associated firms to invest more in illiquid assets.

        O. Andreas Halvorsen, Viking Global Investors (Bloomberg)O. Andreas Halvorsen’s Greenwich, Connecticut–based hedge fund firm, Viking Global Investors, has raised $1.5 billion for a new fund, Viking Global Opportunities. The fund is a liquid-illiquid — or so-called hybrid — fund designed to accommodate illiquid securities. It has an initial five-year lockup,

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