Last week we learned that pension fund manager APG will launch a second hedge fund seeder vehicle, that AllianceBernstein has launched the European Flexible Equity Fund (l/s, UCITS), and that Natixis Global launched the Natixis Euro High Income Fund. Barak Fund Management has announced the launch of its new derivatives fund, and DUNN Capital a UCITS III fund that will be available on the MontLake Platform.
AQR has launched a managed futures fund, Chelsea Clinton’s husband Marc Mezvinsky will open a hedge fund, and the UK FSA has approved the infamous Twitter hedge fund. Tiger Cub said he would close three Millgate funds, and Brevan Howard Asset Management is said to be considering shutting down a $600m equities strategy after the manager, Fabrizio Gallo, resigned.
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