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Investcorp seeds credit hedge fund by ex-Goldman trader

Reza Ali has set up New York-based Prosiris Capital Management to invest in a range of structured credit

Alternative asset manager Investcorp said on Wednesday it has provided seed capital to a structured-finance hedge fund founded by a former head of proprietary trading for the Americas at Goldman Sachs.

Investcorp didn't disclose the size of the investment Prosiris Capital Management received, but said it generally provides initial investments ranging from $50m to $100m to hedge-fund managers.

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