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Relativity Media forms investment fund subsidiary

Relativity Media has formed wholly owned subsidiary Relativity Capital to act as a principal investor in its major media transactions.Essentially a fund that is expected to commit more than $1bn in transactions, Relativity Capital's investments will include studio slates, the Relativity Single Picture Business, library acquisitions and other media-related cash flow investments.Elliott Associates, a New York-based hedge fund with $10bn in managed assets that has ...

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