Liberty Ermitage and SAM launch hedge fund

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GLOBAL - Liberty Ermitage has teamed up with Standard Asset Management (SAM), a subsidiary of Standard Bank in South Africa, to launch the Standard Liberty Distressed Securities Hedge Fund.

A SAM team comprising CIO Mark Devonshire and fund managers David Newport and Jenny Wilson in London and Matthew Glass and Mark Heimowitz in the US will manage the fund. Ian Cadby, group executi...

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