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Highbridge Capital and Louis Dreyfus Group create partnership

Multi-strategy hedge fund Highbridge Capital Management and the Louis Dreyfus Group, a global commodities business, have joined to form a merchant energy partnership.

Highbridge has invested in the common equity of Louis Dreyfus ES Holdings (Louis Dreyfus Energy Services), becoming a strategic partner in an enterprise whose combined business is valued in excess of $1 billion. It did not disclose the scale of its investment. The venture, to be renamed Louis Dreyfus Highbridge Energy, is will be an

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