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Last Week’s IPOs Delivered Gains for Viking and Other Major Hedge Funds

Viking, Deerfield, RA Capital, and Perceptive were among investors in three companies that successfully went public at the end of May.

Viking Global Investors was one of four hedge fund firms that have seen strong paper gains from three companies that successfully went public last week.The gains are a reminder of why hedge funds have been aggressively investing in private companies over the past few years.For example, FIGS, a direct-to-consumer healthcare

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