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The corner of Bay and King streets in the heart of Canada’s financial district.
The corner of Bay and King streets in the heart of Canada’s financial district.
(KEVIN VAN PAASSEN/THE GLOBE AND MAIL)

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Hedge fund Lawrence Park finishes year 1 with substantial growth

Toronto-based hedge fund management firm Lawrence Park is wrapping up its first year in business with a solid chunk of assets under management and two new names on its roster.

The firm, which counts CI Financial as one of its backers, is up to $221-million in assets under management as it approaches its March 1 anniversary.