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June 05, 2019  

New Backer Makes Big Pledge to Short-Seller

Orso Partners, a short-biased hedge fund startup, has secured a commitment of up to $200 million from Atom Investors.The hefty pledge underscores Atom’s rapid emergence as a meaningful source of capital for both new and established equity managers. The Austin firm, led by Novus founder Basil Qunibi, began investing in mid-2018 via an equity market-neutral vehicle that deploys capital to independent fund managers while running a hedging...

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