Caxton backs hedge fund pioneer

Caxton Associates, one of the world's largest hedge fund managers, has agreed to back a new hedge fund founded last year by Peter Matthews, an industry veteran.

The fund, Optimation Investment Management, said Caxton would give it a significant amount to manage. It declined to disclose details.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump