Bluecrest to Launch Aim-Listed Multi-Strategy Fund
Daily News; White Plains › May 03, 2006
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Summary
LONDON (HedgeWorld.com) - BlueCrest, the hedge fund manager, and Close Fund Management are setting up an AIM-listed vehicle called Close AllBlue Ltd. to tap expected demand from U.K. investors.
The new fund is to target a multi-strategy investment approach using seven different hedge funds managed by BlueCrest. Close is aiming to raise 200 million but has set a minimum target of 50 million.See the full content of this document
Extract
Bluecrest to Launch Aim-Listed Multi-Strategy Fund
The launch is the latest indication that hedge funds are continuing to make inroads into the mainst...
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