Original sentence: Pequot Capital Management is a multi-billion dollar hedge fund sponsor founded in 1998 by Arthur J.The firm invests in public equities as well as private equity, venture capital, distressed securities and various other fixed income securities.The firm's investment funds invest in a broad range of markets through a wide variety of strategies
Edited sentence: Pequot Capital Management was a multi-billion dollar hedge fund sponsor founded in 1998 by Arthur J.The firm invested in public equities as well as private equity, venture capital, distressed securities and various other fixed income securities.The firm's investment funds invested in a range of markets through a  variety of strategies