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January 16, 2019  

Managers Get Chance to Short Venture Capital

Hedge funds and other professional investors will soon be able to take long and short positions in an index that tracks the values of the biggest private technology companies.Lagniappe Labs, a Shreveport, La., research firm that last year launched the Prime Unicorn Index, is in talks with several financial institutions that want to license the index for a variety of investable products offering synthetic exposure to venture capital investments....

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