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Acero Capital obtains seed capital from NewAlpha

November 16, 2007  



Acero Capital Management, a New York-based hedge fund firm, has received an unspecified amount of capital from a seeding platform, NewAlpha Advisers, a subsidiary of ADI, the independent French alternative fund manager.

NewAlpha granted the capital in partnership with U.K.-based Fortune Group, a subsidiary of Close Brothers Group, a U.K.-based investment...

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