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March 13, 2019  

Garelick Capital Calling It Quits

Technology-stock fund manager Garelick Capital is shutting down after several large investors gave notice that they’re pulling out.The March 31 redemption requests were triggered by recent losses for the Garelick Capital Partners fund, whose net asset value fell 8% last year and 1.5% in January. The Boston firm, led by Bruce Garelick, has a little more than $400 million of assets and a staff of nine.On March 8, a “deeply...

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