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December 13, 2017  

Reservoir-Backed Castle Ridge Calls it Quits

Castle Ridge Investment is out of business.The firm, which invested in the stocks of real estate companies, shut down in recent weeks after putting up lackluster results. Former Carlson Capital executive Michael Swotes had launched the operation in August 2015 with a seed investment from Reservoir Capital. He pulled the plug even though some limited-partner capital was locked up until yearend 2018.For most of its existence, Castle Ridge ran a...

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