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March 27, 2019  

US Firm Backs South Africa Fund

A fund of funds targeting emerging managers is providing seed capital to a hedge fund that invests in South Africa.The recipient is Desert Lion Capital, a Cape Town shop headed by Rudi van Niekerk that trades the shares of small and mid-size South African companies. Its backer is Greenhaven Road Capital, a Greenwich, Conn., firm that is investing an undisclosed sum in a U.S.-domiciled fund Desert Lion is launching April 1. Desert Lion has been...

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