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Lehman Vet Preps $100M Market Neutral Hedge Fund

Andrew Ellner, the former co-head of Global Equity Derivatives at Lehman Brothers, is prepping the LightBox Master Fund, a market neutral hedge fund, to launch sometime in January.

The new fund, which is slated to debut with $100 million, has lined up a who’s who list of service providers including Goldman Sachs (prime broker), Seward & Kissel (law firm) and Rothstein Kass (auditor), according to HFAlert.

Ellner spent the last 11 years at Lehman from 1996-2007 as a managing director before leaving to form New York-based LightBox Capital Management.


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