Hedge Fund News From HedgeCo.Net

Peak6 raises $1 billion for new hedge fund

Crain’s – Peak6 Investments LP’s asset management unit has raised $1 billion for a new hedge fund, one of only two managed by the Chicago firm.

It’s also the first hedge fund created at Peak6 under former O’Connor & Associates veteran Joe Scoby, who joined the firm last year to lead the company’s asset management business, Peak6 Advisors.

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