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GLOBAL - Lionhart to raise at least $500m for private equity fund

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London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.

The fund will have a hard-cap of $2bn, which Lionhart hopes to reach after a few years. It will focus on a variety of areas including property development, energy, alternative energy and environment, distressed financing and technology.
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