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Launching Lucidus

Despite a less than spectacular start, the Caxton spinout has pulled in $1 billion on the strength of its founders' lengthy track record.

By Irwin Speizer Photographs by Joachim Mueller-Ruchholtz The launch of Lucidus Capital Partners could have come at a better time. Spun out of the London office of Bruce Kovner's Caxton Associates by a pair of traders, Darryl Green and Geoffrey Sherry, it started up in July 2009, pursuing a long/short credit strategy

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