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May 29, 2019  

Real Estate Pros Prep Hedge Fund

Two real estate investment professionals are starting a hedge fund whose holdings would include shares of REITs and other real estate-related businesses.Pierre Duran and Matthew Ngo are targeting a late-summer launch via their Houston firm, Durango Capital. Duran, who holds the title of chief investment officer, and Ngo, the firm’s president, hope to raise an initial $25 million for the long-biased Durango Real Estate Equities Fund, mostly from...

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