Lewis quits Citigroup to launch Orange fund

Wed Jun 1, 2005



Daniel Lewis, a former director within Citigroup's $5 billion Global Special Situations proprietary investment group, has parted ways with his former haunt to set up his own hedge fund, Orange Capital. Lewis is planning to roll out a global opportunity fund next month with $150 million to $200 million in assets.

Orange Capital will make value investments across all layers of the capital structure. The...

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