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Treasury Group Backs First Hedge Fund With AR Capital Stake

Bloomberg – Treasury Group Ltd., a Sydney-based asset manager, has made its first investment in a hedge fund, taking a 30 percent stake in AR Capital Management.

Treasury Group, with six partners managing A$10.9 billion ($9.4 billion) in assets under management, also took a stake in Aubrey Capital Management, a global growth equities manager based in Edinburgh, the company said in a statement today. The company didn’t state how much it paid for the investments.

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