Thursday, 25 December 2014
Last updated 1 day 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.