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December 19, 2018  

Value Pro Raises Hefty Amount

A longtime value investor has launched a hedge fund with more than $150 million.Eli Samaha started trading through his New York-based Madison Avenue Partners in October and immediately closed to new commitments for an undisclosed period. His fund, Madison International, has an unconstrained mandate to pursue value and special-situations plays worldwide via long and short positions in debt and equities.Because changes in market conditions can...

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