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October 12, 2017  

LISTING: Investors Targeting Stakes in Hedge Fund Operators

Leucadia NationalNew YorkContact: Nicholas Daraviras212-284-1700ndaraviras@leucadia.comAfter buying Jefferies in 2013, formed asset-management unit that seeks to acquire stakes in new and emerging alternative-investment businesses including hedge fund managers and commodity-trading advisors. In 2014, reached deal with former SAC Capital executive Sol Kumin to seed his Folger Hill Asset Management with $400 million, on condition that Kumin raised...

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