Chase Capital Partners, the private equity arm of Chase Manhattan Corp., has made two investments totaling $60 million.

The partnership invested $30 million of preferred stock in AT Holding Corp., the parent company of Argo-Tech Corp., a Cleveland maker of fuel- flow devices for aerospace companies. Argo-Tech plans to use the capital, along with $55 million of senior subordinated notes underwritten by Chase Securities Inc., to repurchase stock from its largest shareholder.

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