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What is the name of the hedge fund Cargill split off a portion of its financial operations into in 2003?
Black River Asset Management
Blue River Capital
Green River Investments
Red River Financial
Answer
In 2003, Cargill split off a portion of its financial operations into Black River Asset Management, a hedge fund with about $10 billion of assets and liabilities. This move allowed the company to further diversify its business operations.
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