by | Oct 27, 2010 | Towing
Highbridge Capital Management, which is owned by J.P. Morgan Asset Management (JPM), said it will buy a majority interest in Brazilian hedge fund Gavea Investimentos.
Gavea has $6 billion under management and was founded by Arminio Fraga, former president of Brazil’s central bank, Highbridge said in a statement. Fraga is currently the fund’s chief investment officer.
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Continue reading JPMorgan’s Highbridge Capital Takes Stake in Brazil Hedge Fund
JPMorgan’s Highbridge Capital Takes Stake in Brazil Hedge Fund originally appeared on DailyFinance on Wed, 27 Oct 2010 08:28:00.
Filed Under: Company News, People, Investing, JP Morgan Chase
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