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Denholm Hall was founded in 1992 and has established a significant track record in corporate finance, debt placement and consulting in Russia, the CIS and eastern Europe. In early 2000 the group complemented its consulting business by investing in equity arbitrage opportunities through the provision of client managed accounts. Following this early success, June 2002 saw inauguration of the Denholm Hall Russia Arbitrage Fund and subsequent multi-strategy, secured credit and currency hedged share classes. The core management team has worked together since 1996.