Thursday, 28 May 2015
Last updated 1 hour ago
Jun 21 2010 | 1:48pm ET
BlueCrest Capital Management raised £349 million (US$517 million) for its listed hedge fund, the largest such share sale in more than two years.
The US$19 billion London-based firm took in twice as much as it was seeking for the AllBlue Fund. The C-share listing was the largest hedge fund share capital raise since May 2008, and the second for AllBlue in seven months. The £809 million fund—now the third-largest hedge fund listed in London—raised £101 million in December.
AllBlue serves as a feeder fund for BlueCrest’s Cayman Islands-based fund of hedge funds vehicle.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…