Tuesday, 7 July 2015
Last updated 51 min ago
Aug 23 2013 | 5:18am ET
Credit Suisse’s Brazilian hedge fund joint-venture has raised more than US$1 billion for its maiden vehicle.
Peninsula Investimentos, a partnership between the Swiss bank and 16 executives, netted 3.25 billion reais (US$1.3 billion) for the Peninsula Hedge Master Fundo de Investimento Multimercado, it said in a filing with Brazilian regulators. The fund launched in December and is now closed to new investments.
Through this week, the fund is up 7.14% on the year.
The fund will invest exclusively in liquid assets, including stocks, bonds and futures.
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…