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January 30, 2019  

Small-Cap Player Seeks Capital

Equity manager Cable Car Capital is attempting to raise $15 million.The effort marks Cable Car’s first push to find outside capital for its Funicular Fund, which formed when the San Francisco firm combined some 40 separate accounts into a single commingled vehicle in December. The entity currently manages $17 million.Funicular Fund takes concentrated long and short positions in small-cap value stocks, with little turnover in its core long...

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