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May 08, 2019  

TMT Equity Shop Up and Running

Startup equity manager 6elm Capital has begun investing.The New York firm started trading on April 1 with $16 million, of which about $13 million came from its partners. A formal launch of a fund called 6elm Capital Master is expected in June or July, perhaps with more than $100 million.The two-stage approach apparently is intended to ensure that 6elm is operating smoothly before taking in more substantial outside commitments. The firm, led by...

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