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Hedge Fund Capital Greenwich Borrows Most in 358 Years

Greenwich, Connecticut, the top-rated home to hedge funds AQR Capital Management and Traxis Partners, is selling the most debt in its 358-year history.

The offering of $85 million in one-year notes on Jan. 16 will pay for a new auditorium at Greenwich High School, renovations to a fire station and a refurbishing of the Nathaniel Witherell nursing home.