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South Africa’s Capitalworks to Launch London Hedge Fund Business

(Reuters) South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters. The new venture, Sephira Investment Advisors, marks the first major foray into Britain for Capitalworks, one of the biggest South Africa-based private equity firms, with $515 million of assets under management.

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