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May 22, 2019  

The Grapevine

Falchion Capital co-founder Ankur Jain left the New York technology-stock shop this month with plans to help form a new hedge fund firm. As operations chief, Jain teamed up with Fred Lee to launch Falchion in 2015 after co-founding marketing company Tuned. Lee remains on board. Taking over as chief operating officer is Paul Pitts, who arrived from Global Trust in 2018 as chief financial officer. Falchion was running $77 million of gross assets at...

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