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News that a third firm is set to start trading with at least $1bn has added to a sense in the industry that 2025 — despite delays sparked by volatility earlier in the year — could be another strong one for new launches.
Agave Capital Management Limited, a London macro shop being developed by former Citadel PM Gilberto Marcheggiano, joins Harvey Capital Partners and Avantyr Capital Partners in a hotly-watched trio expected to breach the milestone. Insiders say there could be more.
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