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Pine River Preps $150M China Hedge Fund

Fri, 06 Sep 2013 03:40:47 GMT

Pine River Capital Management will launch a China-focused hedge fund next month with as much as $150 million in initial capital.

The Minnesota-based hedge fund, which has more than doubled its assets under management over the past two years to $13.6 billion, expects the China Fund to debut with at least $100 million. The fund will be managed by Dan Li, its co-head of Asian trading.

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