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April 10, 2019  

Capital Flowing to AI Startup

A startup equity manager that employs artificial intelligence is attracting large amounts of capital.FORA Capital recently landed an unidentified limited partner that brought the San Francisco firm’s total commitments to $300 million. The operation already had reported to the SEC in March that its lone fund, Fora Capital Partners, was running $116 million of gross assets for 13 investors.Sources said the inflows reflect strong early returns...

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