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June 26, 2019  

Real Estate Firm Pooling Capital

Real estate investor Oval Capital is planning its debut hedge fund.The New York firm has been contacting family offices in a bid to gauge investor appetite for the vehicle, which could start trading next year. Oval would use the capital it raises to buy distressed real estate debt, mainly in the form of troubled commercial mortgages in the U.S.Oval already is a buyer of distressed properties and debt, with a focus on retail and multi-family...

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