BlueCrest In Largest Hedge Fund Share Sale In Two Years

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.

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    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…