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Posted on: Feb. 28, 2018, 12:21 p.m.
Hedge fund technology vendor Novus Partners appears to be playing a key role in the launch of an alternative-investment business.The 10-year-old firm, which sells risk-analysis software to about 200 fund managers and investors, is working with an undisclosed partner to build a so-called managed-account platform that would employ Novus’ technology, sources said. The new entity already has tentative commitments for up to $1 billion, which... Full investment news articleRelevent to this post: Ivy Asset Management LLC Bain Capital,