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Addition by subtraction
How South Carolina Retirement Systems’ CIO Robert Borden is teaming up with Apollo and Lighthouse to whittle down his exposures

Sean McGould: I certainly don’t think of this as the easy way out Photograph by Jeffery Salter Apollo Global Management and Lighthouse Partners aren’t the only beneficiaries of the deal that the private equity shop and the hedge fund firm struck at the end of last year. While its
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