(Bloomberg) -- Gary Vaughan-Smith and Alex Da Costa, two former hedge fund managers at ABN Amro Holding NV, have started an asset-management group investing in other hedge funds.
SilverStreet Capital LLP opens in London today with a $500 million investment from an undisclosed European institution, Vaughan-Smith and Da Costa said in an e-mailed statement. SilverStreet intends to start a separate hedge fund this summer, Vaughan-Smith said in an interview Friday.
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