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Former Munder Chairma Launches New Munder Firm

Lee Munder, former chairman and founder of Munder Capital Management of Birmingham, Mich., has launched a new firm, Lee Munder Capital Group of Boston.

Munder left Munder Capital Management, the investment advisory firm he founded in 1985, in January. Munder Capital is 88 percent owned by Comerica, a bank holding company in Detroit.

Munder was not available at press time for comment.