He will be a partner at Rangeley and transfer liquid assets from his family office, Raper Capital, into the new fund.
Activist investor Jeremy Raper, known for picking governance and M & A battles on the small-to-mid cap end of the ASX, is taking over as portfolio manager of a special situations fund.
Raper will run Connecticut-based Rangeley Capital’s $US50 million ($71 million) Special Opportunities Fund, hoping to generate 15 to 20 per cent in annual returns for investors after fees.
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The Queensland government has announced a AU$4.5 million funding injection to support the delivery of more than 760 new homes
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