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thank u for your reply and it's helpful. My friend is the md of...

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    thank u for your reply and it's helpful. My friend is the md of a private fund(racehorse focused) with startup fund at 20m aud. I don't know what Is the mInInum requIrement for a syndicated fund. Normally the average prIce of a one year old racehorse is around 200k.
 
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