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Winters to Start London Asset Management Venture, FT Reports

Bill Winters, the former co-chief executive officer of JPMorgan Chase & Co.’s investment bank, is planning to launch an asset management and hedge fund venture in London backed by Jacob Rothschild’s RIT Capital and Johann Rupert’s Reinet fund, the Financial Times reported, citing a person familiar with the plan. The new venture, which may be announced today, will start up with tens of millions of pounds in capital and will begin as an advisory business, the newspaper said.

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