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New Funds: Big Bets on Strauss-Kahn and Alumni of Baupost and Ziff

Billion-dollar launches are back this spring, but it takes a very big name to raise that kind of capital.

Suddenly everyone wants to run a hedge fund. The cast of startup managers and wannabes stretches around the globe, and prior experience doesn’t seem to be required.In Europe, one of the most talked-about new fund initiatives is the one that Dominique Strauss-Kahn is preparing. The former head of the International

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