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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.

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