Hedge Fund News From HedgeCo.Net


Cantab to Shut UCITS Fund After Restrictions on Commodity Bets

Bloomberg – Cantab Capital Partners LLP, the $5.5 billion hedge-fund firm led by former Goldman Sachs Group Inc. (GS) quantitative traders, will shut a pool that is regulated like mutual funds because of restrictions on commodity investments.

Investors in the CCP Quantitative UCITS fund, which has more than $320 million in assets under management, will be given the option of redeeming their money or moving to the firm’s hedge funds, Cambridge, England-based Cantab said in a statement today. The UCITS fund will be closed at the end of June.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply