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BRIEF-Allied World and MatlinPatterson announce strategic partnership

Oct 9 (Reuters) - Allied World Assurance Company Holdings Ltd :

* Allied World and MatlinPatterson announce strategic partnership

* To become a minority owner of MatlinPatterson and provide growth capital for

expansion of asset management platform

* Additionally, MatlinPatterson will manage $500 million of Allied World's

portfolio, over time * Source text * Further company coverage ((Bangalore Newsroom; +1 646 223 8780))