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April 03, 2019  

Diamond Expert Plans Gem Fund

A gem merchant is starting a fund to finance investments in diamonds and other precious stones.Diana Shvartsman, with more than 25 years of experience evaluating and trading diamonds, has formed Elmas Trading with the aim of raising up to $200 million for Select Diamond Fund. The New York firm has begun searching for an anchor investor, and may enlist a placement agent to market the offering.Select Diamond Fund would seek to generate profits from...

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