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Dominique Strauss-Kahn is back in the news. The former International Monetary Fund chief and presidential front-runner in France, who in December 2012 settled a lawsuit with a New York hotel chambermaid over sexual assault allegations, is looking to raise $2 billion for a new macro hedge fund. Strauss-Kahn will manage the fund with his daughter, Vanessa Strauss-Kahn, an economist. "China plays and will play a predominant role in this fund," Mohamad Zeidan, chief operating officer of Strauss-Kahn's firm, LSK Partners, told Reuters. They are awaiting regulatory approval from Luxemburg before they can begin raising money, according to the report. "We have met with the largest groups in each sector and I'm talking to the financial sector, insurance companies, bankers, financial groups, private and public," Zeidan told the wire service.