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December 13, 2017  

Maverick Quant Offering Draws LPs

Investors are queueing up for a pair of quantitative-equity funds offered by Maverick Capital, despite weak returns for the firm’s conventional long/short equity program.Claire Traugott, who oversees investor relations at Maverick, told prospective backers in a Dec. 8 note that the firm wants to raise $1 billion for each of the new offerings — Maverick Fundamental Quantitative Fund and MFQ Neutral Fund — and already is about...

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