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Jeb Bush Raises Private Equity Funds as 2016 Campaign Eyed

As other Republicans travel the country laying the groundwork for 2016 presidential campaigns, former Florida Governor Jeb Bush is raising private-equity funds for oil and gas ventures.

Bush, 61, whose family made much of its fortune in Texas oil, has teamed with former Credit Suisse Group AG and Lehman Brothers Holdings Inc. bankers to create an investment firm based in Coral Gables, Florida, according to regulatory filings disclosed last month.