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In the week ending September 01st, 2023, eVestment reported that investors removed an estimated net of $5.6 billion from hedge funds in July. Performance accounted for an increase in assets. The result of both factors was a $26.3 billion increase in assets to an estimated $3.463 trillion.

Asset managers and hedge funds are increasingly taking different positions inside the most liquid government-securities market in the world - and the gulf has only gotten wider this month.

In new launches, D. E. Shaw is raising money for a new fund - the hedge fund giant recently began to raise capital for D. E. Shaw Alkali Fund VI, the newest fund in its Alkali group of funds; Utah-based Maddix Capital has launched its second hybrid equity and opportunistic credit fund with a target of $125 million; Elephant Partners, a Boston-based venture capital firm that keeps a low profile has raised another fund, surpassing by approximately $200 million the total amount it brought in about two years ago, and American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, announced today the launch of its first exchange-traded fund - the American Beacon AHL Trend ETF - in addition to its latest mutual fund offering, the American Beacon AHL Multi-Alternatives Fund.

In institutional investor news, Los Angeles Water & Power Employees' Retirement Plan disclosed six alternative fund commitments totaling $465 million for its $16.4 billion defined benefit plan, said Jeremy Wolfson, chief investment officer, in an email; LD Pensions, the Danish pension fund manager, has revealed 12 asset managers have bid for the listed alternatives mandate it offered this summer, as it works on its firs......................

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