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Glade Brook Launches Two Funds Targeting Private Investments

After a big success investing in pre-IPO Alibaba, the hedge fund firm has raised $250 million for two funds aimed at Uber and Snapchat.

Paul Hudson’s Glade Brook Capital Partners, a Tiger Grandcub, has launched two new funds designed to make targeted private investments. The Greenwich, Connecticut, firm said it raised nearly $190 million for Glade Brook Private Opportunities Fund and another $60 million or so for Glade Brook Private Investors IV, according to two

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