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Denham Capital raises $3b fund

Denham Capital, a Boston private equity firm that invests in energy-related companies, said it has raised a $3 billion fund. Denham said its Fund VI is the largest of its kind to be raised since 2008. The firm is a spin-off of the former Sowood Capital Management, a Boston hedge fund that failed in 2007 and lost $1.6 billion.

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