Tuesday, 7 July 2015
Last updated 16 hours ago
Oct 4 2007 | 7:47am ET
Thames River Capital is preparing to boost the assets in its publicly-traded hedge fund vehicle for the second time in the second half.
The £154 million Thames River Multi Hedge fund of funds had already doubled in size in July, raising £73 million in new assets. Thames River plans to issue between £50 million and £100 million in new shares, it told the London Stock Exchange yesterday.
The firm said the closely-bunched share sales are needed to meet demand.
Multi Hedge has enjoyed strong performance over the past six months, as many other hedge funds suffered, rising 11%. The shares are currently trading at a 4% premium to net-asset value.
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…