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March 27, 2019  

Diamondback Alums Court Big LPs

Two former Diamondback Capital executives are close to signing an anchor investor for a planned multi-strategy fund.Tony Bechalany and Jonathan Stone began setting up Aligned Capital of New York late last year. More recently, they’ve been talking to several institutional investors, including a public pension, about a day-one commitment of at least $50 million.Meanwhile, Aligned has hired four portfolio managers to run money for the fund,...

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