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CSFB to raise $500m for Moore

January 01, 2004  



Many of the larger hedge funds are expected to copy the example of Moore Capital and turn to investment banks to raise longer-term capital from institutional investors. This follows the decision to appoint CSFB to raise $500 million of three-year money for the firm's flagship Moore Global macro fund.

The distribution deal is a coup for CSFB,...

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