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Soros Spins Out Private Equity Team, Pledging Up to $2 Billion

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George Soros’s family office is spinning out its private equity team, which oversees about $2 billion, and has pledged to allocate up to $2 billion more to the group. The 25-member team, led by 20-year Soros veteran David Wassong and Ravi Yadav, will manage a majority of the existing assets,…

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