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January 09, 2019  

Stelliam Shifts Focus After Returning Capital

Fundamental stock picker Stelliam Investment returned a large portion of its capital to investors at yearend.It’s unclear how much money the New York operation continues to run. But it is known to have retained some outside limited partners, and still manages the assets of founder Ross Margolies and staff members.Stelliam had $2.2 billion under management on Oct. 1, down from a peak of $4.1 billion in early 2015 — a contraction...

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