Hedge Funds
A group of Purdue University Krannert School of Management students has detailed ambitious goals for a private investment fund startup. Gold Sail Capital LLC, which is run by five students, is looking to raise $25 million by the end of the semester. Matt Garafalo, a senior involved in the venture, says the group is poised to raise at least $10 million in the coming months. "Similar private investment funds have developed out of Wharton and Harvard, and this is something we are more than ready to develop as students in Krannert. We spent the past two years planning every detail...

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