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Former Whitebox PM Launches New Fund

Invictus Global will focus on middle-market distressed investing.

Amit Patel, the former Whitebox Advisors portfolio manager who led its Puerto Rico distressed debt bet, has just closed an initial capital raise of more than $50 million for Invictus Special Situations Master I, the first hedge fund offered by Invictus Global Management. When Patel left Whitebox to start the new

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