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King Street Launches New Real Estate Fund

The launch comes as the credit-oriented firm’s flagship hedge fund is poised to post its fifth straight mediocre annual return.

King Street Capital Management is raising money for a new real estate fund.The credit-oriented multistrategy hedge fund firm is seeking as much as $600 million for King Street Real Estate Fund II, as well as an offshore version, according to regulatory filings.So far, the new funds have not brought in

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