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Hedge fund AQR plans IPO -WSJ
NEW YORK, July 27 |
NEW YORK, July 27 (Reuters) - Hedge fund AQR Capital Management LLC plans to file registration for an initial public offering on Monday to raise $500 million, the Wall Street Journal reported on its Web site on Friday, citing an unnamed source.
AQR, which is based in Greenwich, Connecticut, has about $35 billion under management and is one of the world's largest hedge funds, the paper said.
AQR could not be reached immediately for comment. (Reporting by Paritosh Bansal)
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