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Glade Brook Grows Private Equity Assets with New Fund
The firm, founded by Tiger Grandcub and Shumway Capital vet Paul Hudson, now manages more money — and has produced better performance — in its private equity funds than in its hedge funds.
Glade Brook Capital Partners, the Greenwich, Connecticut–based hedge fund firm founded by Paul Hudson, is raising money for a new dedicated private equity fund, Glade Brook Private Opportunities Fund. The firm tells clients it has received “a strong response” for the new offering. It plans to close the fund on April
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