Equine hedge fund tries to outpace the market

[Joelle]

Equine hedge fund tries to outpace the market
      

If investing in hedge funds these days seems about as certain as betting on the ponies, why not a fund to buy and race thoroughbreds?
The New York Times reported on Monday that International Equine Acquisitions Holdings is raising $100 million for a hedge fund that will buy, sell, race and breed horses, charging management fees [...]
         

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