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New hedge funds update: January 2011
HBK raises $185 million for a statistical arbitrage fund.
FIRM NAME FUND NAME STRATEGY PORTFOLIO MANAGER AUM ($M) LAUNCH DATE HBK Capital Management HBK Quantitative Strategies Statistical arbitrage Team $165 November Candlewood Investment Group Candlewood Structured Credit Credit Gregory Richter, Brian Herr N/A January Axonic Capital Axonic Credit Opportunities
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