Grosvenor Fund Tops $120 Million

Nov 18 2011 | 2:29am ET

Grosvenor Capital Management has raised nearly $124 million for its main fund.

The Chicago-based firm said it had raised $123.9 million for the multi-strategy vehicle, which it launched three years ago. The fund of hedge funds boasts a large number of institutional investors and other hedge funds among its clients.

Grosvenor manages a total of about $24 million.

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