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Tontine starts low-vol fund for midcap market

September 27, 2007  



Jeffrey Gendell's $4 billion Tontine Capital Management inaugurated its planned low-volatility fund in September with an undisclosed amount of capital.

Tontine 25 was first opened to the firm's existing investors, who have the option to invest fresh money as well as to reallocate capital from the firm's other funds: flagship Tontine Overseas, small-cap fund Tontine Capital...

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