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Hambrecht's IPO Fund

Traders Magazine, September 1999

Avital Louria Hahn

For the past two-and-a-half years, the Renaissance Plus IPO Aftermarket Fund (Nasdaq:IPOSX) has been the only U.S. fund to invest most of its assets in new issues. But that is about to change with the recent registration of the Hambrecht & Quist IPO & Emerging Company Fund.

The San Francisco-based newcomer will offer the public shares in a $300 million closed-end fund. The fund will invest 65 percent of its assets in new issues and 35 percent in other instruments.

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