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Altimeter Capital Wants to Hedge Its Bets with Venture Fund

Plenty of hedge fund managers have dipped a toe into the venture business in recent years. A Boston-based group is taking things a massive step further, though. Altimeter Capital – an investment firm that has raised roughly $310 million since 2008 to take long and short positions in mostly public travel companies — is raising a $75 million venture fund, according to a new Form D filed with the SEC.

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