capula tail risk fund

endstream endobj 92 0 obj <> endobj 93 0 obj <> endobj 94 0 obj <> endobj 1 0 obj <> endobj 2 0 obj <>/ProcSet[/PDF/ImageB]>> endobj 3 0 obj <>stream ******* ****** **** *** ****** ******* *** ***** ************* ************* ****** The Dai-ichi Life Insurance Company, Limited: Daishi Hokuetsu Bank, Ltd: Development Bank of We'll assume you're ok with this, but you can opt-out if you wish. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. The fund invests in a range of instruments primarily in G7 markets. s kv}{qsdUT%S5=2{G.+lO%6LoN@W;gk1;[kY%Lp|BfzB1o But for the moment, thesebearish, tail-risk bets on the markets have turned sour as central banks continue to flood them with liquidity and as the global economy grew. It targets superior returns in times of liquidity and systemic crises while minimising downside and cost of carry during normal market conditions. Form D is a form used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. Investopedia does not include all offers available in the marketplace. The address is PO Box 309, Ugland Wall Street is also an umbrella term describing the financial markets. The $3.7 billion Tail Risk Fund from Capula Investment Management, another London-based hedge fund giant with over $10 billion in total assets under To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Qv[TvwEAd[!w 3[e n(}I,9Ux UK(H]'K;`,q#yw68#"b-ODQB@.&g-sy2/33b78x0%/%$|]u 7F^Bw,`C"~sHKq;M?_~,h0~cR-Nd2s!RC}=nG5i~r:v0I}u[c}u{8U}_KryVl% .(4 Z=+ixam5Mt4 0xg@i`DDDJDF""# yX`DB2]8P%BQ'av^Mn[?,huuo_h}qP`2s 0z oP^\'h.+]l}T ~PzozyO$t_tZ=?uj@uZ/_E_Vw]m{W_WO+J^~v_JV=[S@GWuMi;MSRV`DDDERo_Uib`X&,XNYF[d@lLNDFMxOO^A(%s ?WN}#lee$0DO>? ]H&uX{__G9"5/^o_$3^/a/}?^/.~t@_wK~IvDw],o6_>wM{d}.KKlMz{tu#]~i}UO}"?_\i}v60a}jTYf S 0000001544 00000 n The finance committee of the 0000001997 00000 n WebThe fund is actively traded in the proprietary trading style and can be categorised as defensive macro. It targets superior returns in times of liquidity and systemic crises while minimising downside during normal market conditions. 0000001032 00000 n WebCapula Tail Risk Master Fund Limited (TR Master Fund), a portion of the assets (the EFI Account) of Capula Enhanced Fixed Income Master Fund Limited (the EFI Master %%EOF 1 percent of the fund is owned by fund of funds. WebRECOMMENDATIONS: Any Aksia recommendationor opinion containedin these materials is a statement of opinion providedin good faith by Aksia and based upon information which Aksia reasonably believes to be true. The offers that appear in this table are from partnerships from which Investopedia receives compensation. WebCapula Tail Risk Fund Ltd is a corporation in Grand Cayman, E9. Help Centre How do I update this listing? WebCapula Investment Management is one of the largest hedge funds domiciled in the UK. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. QPqX4jLE|`_ ga\%4$,w\(S!oZ.MxOS1F'6Z(7kQj%h8g'7^/ZOOcv{N.Mf{39j~f8kL~0p7@TGPcv%gowOwwC 3H0cCb9P$1E4&.YRum:A_P])YM;:V@D)vBTls$`E('V? dE:'YwtR~5NsWBavv7c~9ul+?WeIyXxEO65Mn)W{[n^61iNcYBWmAo1H" Cxfaj A$R+de^)e>Bw>1Y;V0GHam T +J}"^?/Ft= QV*R-]"GRKB0PI*zZi!UUJ&Pi$i$IUMT$*UI%i$uT}$?L$K&K^v5SIjP01$0.TA $~aB/|%paI/'FIRo?J pIi%tuI*W[uIw W* iI%^.%J]$oJK^c[I/C0(U| `*^;.6I$xD1Tm`1 % ]RL-$tFz *Iv/ Ry!$TT&$KIU:OD/P_*}'[N~nA:WV.=^wn}]%Kd2~{aV5mZp mVk <3,*)0d9( gd))1G;Z|Tp/v:w433&"6fjyK,MB!tAAI!98C@\"' aMl M=8Ha* a0ON-qa58TO[}92 ]5DoQ,{".le:PMic'r-;\AJAH7#/8A7Nz\ zIio;kNl_=SW]/u_po4unPi`_z83 If you are a financial advisor or mutual fund investor and have questions about your account or a mutual fund product, please visit AMGFunds.com. ********** ** **** ********* ****** ** *********, Eurekahedge Asia Pacific Asset Weighted Index - USD, Eurekahedge Multi-Factor Risk Premia Index, *** ***** ******* ****** ***** ******** **** ** ***, *** ***** ******* ****** ***** ******** **** ***. WebAt the Finance Committee meeting in April, staff and Aksia will recommend that PSERS invest $250 million in the Capula Tail Risk Fund Limited (TRF), Class C shares. He is Chairman of WL Ross Holding Corp, a $500 million equity Special Purpose Acquisition Corp. listed on NASDAQ and has been nominated as Vice Chairman of Bank of Cyprus. Capula Tail Risk Fund - Class C USD Fund Founded by CIO and Managing Partner Yan Huo in 2005, Capula is based in London with affiliated entities in Greenwich, CT; New York; Hong Kong; Singapore; and Tokyo. A black swan is an event that is rare, very important, and is both difficult to have predicted but is considered obvious in hindsight. Black swan funds, designed to hedge against major market declines, have suffered huge losses as the stock market has soared since the financial crisis,the Wall Street Journal reports. Meanwhile, theCBOEVolatility Index (VIX), commonly usedas an indicator of uncertainty and fear among investors,fell to its lowest intraday level ever in July and remains near historic lows. -- CAPULA INVESTMENT MANAGEMENT SINGAPORE PTE. WebMark Spitznagel is a former partner to Nassim Taleb and runs Universa, one of the largest tail risk hedge funds in the world. The Capula fund gained 11% in 2011, lost 14% in 2012, and fell in three of the next four years, per the Journal. WebCAPULA TAIL RISK MASTER FUND LIMITED address: PO Box 309, Ugland House, South Church Street, George Town, KY1-1104, KY Entity Overview Registration Authority Entity Legal Form Legal Form Code OSBR LEI Registration Entity Relationship Reporting Exceptions Office Location Entities in the same location Entities in the same postal code Typically investors, including some tail risk hedge funds, have bought inexpensively priced, long-dated put options, giving them the right to sell a security in the future. Such positions are well out of the money and substantially discount the current market price. Hedge Fund {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 51985855, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}, Capula Investment Management Asia Limited, Capula Investment Management Singapore PTE Ltd, 2010-10-01 The firm last filed a Form D notice of exempt offering of securities on 2022-10-14. HH,*QutQ0Psrq*T0r@ WebFund Details. London, W1J 8AE %PDF-1.6 % WebThe Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. While Black swan funds'performance has lagged during an eight-year bull market of dramatic stock gains, equities areshowing signs of age. WebCapula Investment Management LLP is a global fixed income specialist firm managing absolute return, enhanced fixed income, macro, and crisis alpha strategies with a focus Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Founded by Yan Huo in 2005 following a career principally at JP Morgan, Capula specialises in global fixed income assets. Tail risk is portfolio risk that arises when the possibility that an investment will move more than three standard deviations from the mean is greater than what is shown by a normal distribution. to see more advanced email alert options such as selecting any type of Calculation Guide Indeed, after hitting peak performance in September 2011, these funds have fallenby about55%, according to data fromCBOEEurekahedgereported by the Journal. Put $10,000 in the S&P 500 ETF and Wait 20 Years. or to simply have an email sent to you whenever we receive a new |"B\PJ (N Paris-based insurance group AXA SA (AXAHY) shut down its own black swan fund several years ago, per the Journal, as has Swiss-based UnigestionSA. Thank you for your interest in the U.S. Securities and Exchange Commission. WebCAPULA TAIL RISK MASTER FUND LIMITED (LEI# 29C7VLB4JHJG5S6I8Q07) is a legal entity registered with Business Entity Data B.V.. Sign up today for free to access accurate and timely data on Capula Tail Risk Fund Ltd - Class C EUR and 150,000 other funds. Note: We do not offer technical support for developing or debugging scripted downloading processes. support@edgefolio.com, Privacy Policy Recommendationsor opinions expressed in these materials reflect Aksias judgment as of the date The Edgefolio Platform Sign up today for free to access accurate and These finally tie into the investing thesis in the last 20% of the book. He is a board member of ArcelorMittal, EXCO Resources, Sun Bancorp and other corporations. The problem is that any form of insurance costs money, and that, on average, those selling insurance will profit from those buying it. The firm last filed a Form D notice of exempt offering of securities on 2022-10-14. COPYRIGHT 2023 EUREKAHEDGE PTE LTD. *The fund performance and information recorded on this page is for illustration purposes only and will differ from the actual fund profile. HWn9}7Cf /N/ $b-QM ;{mIA,5xS7gK>we#Iv-e.t67tU,HghN]L.5":|_m z\75hQL/N$J,4AUQA^3d,mK;@'Jus9EVjQK- The firm manages absolute return, enhanced fixed income and tail risk strategies. SEC form, multiple filers or classes of filers, and much more.***. This compensation may impact how and where listings appear. LTD. support@edgefolio.com, Privacy Policy Also known astail riskfunds,black swanfunds seek to reap enormous profits from a sharp, severe downward move in the markets. Da1Nxa~ 40LAaDDDDPY4,Yc%# |o;OL/H}zXh=O6_6Fi ,[aETk'OkoxB!8"*h:i~\d `&B#lhf(D)?'8o%n/F(!?aZ?DZ%DvmNnK93dPgPg(32pAmAKDxw0dM\E72e%8'.#>d^| AMM:^nJH6 47oUi^6\UMu}H92-wt.|7;~nzn_!SSuzI77 MK!aOZZO[|[7^-%^z This fund aims to deliver strong return in times of crisis while paying close attention to the cost of carry in times of market calm.? **** *** ****** ********* **** ****** ************** That's a big change from seismic events such as the 2001 dot-com bubble and the 2008 financial crisis, during which the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) plungedandblackswan funds reaped rich profits. H5bUr&p'_=a$L_m&\lSLTBwia{4/&L~1l-jv0D0B!X`]D? We reserve the right to block IP addresses that submit excessive requests. The $3.7 billion Tail Risk Fund from Capula Investment Management, another London-based hedge fund giant with over $10 billion in total assets under management, is down 6.7% this year, per an investor letter obtained by the Journal. The Capula fund gained 11% in 2011, lost 14% in 2012, and fell in three of the next four years, per the Journal. The Fund is actively traded in the proprietary trading style and can be categorised as defensive macro. Related Persons Relationship: Executive Officer X Director Promoter *********** ********* *** **** ****** ********* **** ************* ****** ******* ***** **** **** ****** ************** xref For the long term, taking out insurance against market volatility is a losing strategy, the Journal says, pointing to "a raft of academic papers and market analysis." The current minimum investment for Capula Tail Risk Master Fund Limited is $5000000. The employer identification number (EIN) for Capula Tail Risk Fund Ltd is 980651233. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Capula Investment Management LLP It is a London-based hedge fund with offices in Tokyo, Hong Kong, New York and Greenwich, Connecticut, USA. Capula was founded by Yan Huo and Masao Asai in 2005. The company manages fixed income trading, enhanced fixed income products, volatility, macro trading and tail risk strategies. The Chugoku Bank, Ltd. 13F filing from CAPULA TAIL RISK FUND LTD, enter your DpAvH6-Z7&>L~q[_Lgul)oqzUn #7"_/z_k]}nIZ_Y]R4nJ-Kh5}WTa0!B"#^QvT`bM\vk7^m|$ Reference ID: 0.96ecc017.1682921749.21bb5eb4. The Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. This * ****** ********* **** ************* ****** ******* ***** **** **** ***. If youre the manager of Capula Tail Risk Fund Ltd - Class C EUR, you can sign up to take control of your profile and respond to investor interest. For more information, contact opendata@sec.gov. This supposed market anomaly, however, has little in the way of data to support it. 0000000016 00000 n WebCapula Japan Equity Tail Risk Master Fund Limited is a hedge fund operated by Capula Investment Management Llp and has approximately $157.3 million in assets. Terms and Conditions. {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 51985851, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}, Capula Investment Management Asia Limited, Capula Investment Management Singapore PTE Ltd, 2021-04-01 Capula Management Limited. 7 Clarges Street The filing was for a pooled xb```a``c`b`b``@ P !|x8.nfd`"d64vf`7!Qg>fO A Capula Investment Management LLP is a global fixed income specialist firm managing absolute return, enhanced fixed income, macro, and crisis alpha strategies with a focus on developing innovative investment strategies that exhibit low correlation to traditional equity and fixed income markets. If youre the manager of Capula Tail Risk Fund Ltd - Class S USD, you can sign up to take control of your profile and respond to investor interest. The verification email has been sent again, ***** ******** ***** ** ******* **** ****** ***** ******** ***** ** ******* **** ****** *************** ***** trailer EIN for Capula Investment Management Llp (Crd# 163364), Capula Global Relative Value Master Fund Limited, Capula Japan Equity Tail Risk Master Fund Limited, Blue Sky Digital Outdoor Advertising Fund Fund Data, Sarasin Ie Global Equity Opportunities (Usd) Fund Data, Themelios Ventures Ii-A, L.P. Fund Data. 0000000814 00000 n Percentages may not sum to 100% due to rounding; approximate breakdown subject to change. WebThe Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. <<2659937EDDC1E8449B8060048D4AB6D8>]>> It targets superior returns in times of liquidity and systemic crises while minimising `4wf/ rJce%4As>+vg m U?Zkb8kTxh-yN3[\}vEC!Q1 [iZ)zZ+6B`gO'%wl5EeaxKg$Y0@wYfq["e3omI*mN&!`:C`G}VTmkY!%QhSd "\ ~o& a~%'RG)}";I"x*a &.@Y )$xEs\[R]G9i}Whj:lzOz&}4we 6. 95 0 obj <>stream Sign-up Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. WebCapula Tail Risk Master Fund Limited: EMR Capital Advisors PTY Ltd: EMR Capital Co-Investment VI LP: 42.0: EMR Capital Co-Investment V LP: 18.8: EMR Capital Resources Fund III LP: 118.4: EMR Capital Co-Investment III LP: 44.7: Aslan House Capital LLP: Aslan House Master Fund Limited: 294.3: The Capula fund is designed to hedge tail risk across asset classes in developed markets, including equities, credit, FX and rates. Y0A \.?A4=?N:_Y"NDDZVpP@?KAG| 7SBKT}),_cM|&'t"~@?pLWNDw#=kp_ }/nok[_6kZkom}i&VKn]0 b(!b8+qL!;}Sm4A/&p0j!"%^"":`` `DDDDDF""Tc(1)6 `A+c4h.PGQ20ff(" d",q5_O__DHcE%N|M'4MpU=x^`zo ~zm{_`48?P'l>NB1q 77K_my={Sv7R|$kiX`bdLExAa2. ,-4K{l?69z&|@f(Y?oLZZ1C-H^(_xOQMZG8OZ Fund incepted March 2010. On average, their value has fallen by 6.3% for the year-to-date through July, and they lost money in four of the previous five years, per data fromeVestmentcited by the Journal. 4e#fs"@.y,/.nd-=Z,d}J*xy~YB.C[hJJANZ!h!HQ/qVkl WebCAPULA TAIL RISK MASTER FUND LIMITED PO Box 309, George Town, Grand Cayman KY1-1104 Cayman Islands, British West Indies Form of Adherence Letter 28 April 2010 If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. The October effect is a theory that stocks tend to decline during the month of October. Theypurchase put optionsto provide downside protection, as well asgold and other safe-haven assets that usually rally when otherfinancial assetscollapse in value, the Journal says in its September 5 story. All text and design is copyright 2020 WhaleWisdom.com. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. The Capula fund is designed to hedge tail risk across asset classes in developed markets, including equities, credit, FX and rates. WebCapula Tail Risk Fund Ltd: Street Address 1 Street Address 2; UGLAND HOUSE: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; GRAND CAYMAN: capula global relative value master fund limited: hedge fund: no: $243,381,980,000: 4: ss&c fund services (cayman) ltd. ernst & young ltd. 2: capula tactical macro master fund limited: capula tail risk fund ltd - class c usd - hfm: hedge fund: abcdefg: $00,000,000: 0.0% dec 2018: 2: For example, the $2.4 billion Capula Tail Risk fund was off 9.4 percent on August 24. The Journal went on to mention several black swan funds that either are floundering, or that have been shut down. He notes that going through long periods of losses during calm or rising markets tests the patience of fund managers and investors alike, but that patience should be rewarded when the nextBlack Mondayhappens. WebCapula Tail Risk Fund was launched on March 1 2010.? Fund Manager: Capula Investment Management Llp (Crd# 163364), Private Funds Managed by Capula Investment Management Llp (3): Capula Global Relative Value Master Fund Limited , Capula Japan Equity Tail Risk Master Fund Limited , Capula Tail Risk Master Fund Limited, Administrator(s): International Fund Services (Ireland) Limited, Rank: 55 out of 30967 registered private funds, Rank: 3415 out of 30967 registered private funds, Rank: 16252 out of 30967 registered private funds. Form D contains basic information about the offering and the company. Also, concerns about the nuclear threat from North Korea, Hurricane Harvey and other storms helped push down stocks sharply this week. Q 4a""!":\CDDhDDDD}(]/K]*uU\G*Z~w!5a^B%%~sk~?.9s All rights reserved. u?:HfB>w&qD0H '7kAV:8@4K8yK( dk}.Hv\DpH:M#I\*+'_8>>f+}S].M90oG{ WmIom/yy.jzKaaMjM_6*+Q Wall Street is in lower Manhattan and is home to the New York Stock Exchange (NYSE). When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The Man Group, a London-based alternative investment management business, has seen its AHL Tail Protect Fund lose 45% of its value since it 2009 launch, according to Man Group data reported by the Journal. oibHcF!/a|Z= WebWe define portfolio tail risk as the conditional mean portfolio return in months where equity returns exceed a loss of five percent. ** ****** **** *** ****** ******* *** ********** ****** ******* ****, ******* ****** **** *** ************* *** ********** ****** ******* ***** *** ***** ******** ** *** *********** ** ****** Many experts say a recession and bear market aren't far off, two developments that might benefit black swan investors. startxref ******* ****** **** *** ****** ******* *** ********** ****** ******* ************* ************* ************* ****** Please declare your traffic by updating your user agent to include company specific information. 0 ** ******** ****** ** ************ * ****** ********* **** ************* ****** ******* ***** **** **** *** 949gSodu7C^\Z)q!,}Km [e?U;iEv.2wa_NL^VqhwxBnSa'Md7|_&xqLD>:VUEyy>i_;y }`v{9!e(M t-xW\wpy49kN~fh\\r.vv!N;N8vY`|h$NCP(CLIvn6{8erVDeIp5T4a4o[% ***Log In or WebCapula Tail Risk Master Fund Limited. Help Centre 0000000688 00000 n For more information, please see the SECs Web Site Privacy and Security Policy. WebCapula Enhanced Fixed Income Master Fund Limited: Capula Global Relative Value Master Fund Limited: Capula Tail Risk Master Fund Limited: Capula Volatility Opportunities Master Fund Limited: The Chiba Bank, Ltd. WebCapula Tail Risk Fund Ltd; Firm: Fund # CIK # 0001588338: Sale: 2010-10-01 ($3.3 BB Sold) Fund: Phone: 3459498055: Address: Ugland House Grand Cayman, Cayman Role in Investing and Why It's Famous, Black Swan in the Stock Market: What Is It, With Examples and History, October Effect: Definition, Examples, Statistical Evidence, Understanding Tail Risk and the Odds of Portfolio Losses, Black Monday: Definition in Stocks, What Caused It, and Losses. 0000005345 00000 n 0000005117 00000 n 0000004895 00000 n Calculation Guide Today, its founder, MarkSpitznagel, tells the Journal, "I don't see anyone out there doing what I do." Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. The current WebFund Information Advanced Search Document Library Fund Notices and Announcements New Funds RSS Feeds -/0/01 Capula Tail Risk Master Fund Limited P Dis : Last endstream endobj 87 0 obj <>/Outlines 9 0 R/Metadata 84 0 R/Pages 83 0 R/StructTreeRoot 16 0 R/Type/Catalog>> endobj 88 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>>/Type/Page>> endobj 89 0 obj <> endobj 90 0 obj <> endobj 91 0 obj <>stream Capula Tail Risk Master Fund Limited is one of the larger private funds with 14 billion in assets. WebCapula Tail Risk Fund LTD is based out of Grand Cayman. WebCAPULA TAIL RISK MASTER FUND LIMITED PO Box 309, George Town, Grand Cayman KY1-1104 Cayman Islands, British West Indies 29 April 2010 Send to: It targets positive returns in times of liquidity and systemic crises while minimising downside and cost of carry during normal market conditions. Capula Tail Risk Fund LTD is based out of Grand Cayman. Custodian. Black Monday, Oct. 19, 1987, was a day when the Dow Jones Industrial Average fell by 22% and marked the start of a global stock market decline. This website uses cookies to improve your experience. 6 of the Most Shocking Stock Increases and Falls. The $2bn Capula tail risk fund, the worlds largest so-called black swan trader, had lost 14 per cent by November.

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