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PRESS DIGEST-Funds Industry News - June 18

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LONDON, June 18 | Mon Jun 18, 2012 2:34am EDT

LONDON, June 18 (Reuters) - Financial Times

*Sutesh Sharma, the former head of proprietary trading at Citigroup is to launch his new London-based hedge fund, Portman Square Capital, with around $500 million this autumn.

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