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Houston Hedge Fund Raises $16M

Jun 12, 2013
Jing Chen

Houston-based hedge fund firm Motion Capital Partners has raised nearly $16 million in capital despite the tough fundraising environment.

Business Journal reported that the fund received $15.9 million from 20 investors since June 1.  

The article also said that investors trying to a piece of the growing energy space in the U.S.— which is what Houston’s small hedge fund sector is mainly focused on—may have prompted Motion Capital’s fundraising ease.

The offering is expected to last at least a year.

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