Ex-Millennium trader Dale raises $200 mln for hedge fund launch

April 1, 2015 9:11 AM

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LONDON, April 1 (Reuters) - One of the year's most high-profile European hedge fund start-ups, ex-Millennium star trader Chris Dale's Kintbury, is due to launch in May after raising at least $200 million in start-up capital, sources said.

After a relatively quiet 2014 for large European launches, 2015 has already seen several industry personalities look to strike out on their own, including ex-Lansdowne Partners' partner Stephen Kirk, who plans a summer launch.

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