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| Neil Berger, founder of Aquila Capital Partners |
IT WAS BECOMING such a popular trading strategy that in July Neal Berger decided to set up a separate fund dedicated to it. It was a significant departure for the president and founder of Aquila Capital Partners. He had started his hedge fund in 2000 as a multi-strategy fund. Now, though, more clients were clamouring for direct, exclusive exposure to a strategy called mutual-fund timing, and it was becoming difficult to say no, especially when Aquila was still trying to attract assets.
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