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April 10, 2019  

Niche Manager Launches Incubator

A Paris fund shop that trades dividend futures wants to incubate managers running unusual strategies.Melanion Capital plans to hire an unspecified number of portfolio managers and stake them with about $10 million apiece. If their strategies prove profitable over a period of about two years, Melanion would help them raise additional capital from outside investors — and possibly spin them off as free-standing fund operations.Melanion is...

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