In total, 43 managers raised $8.2 billion, compared to an $11 billion mark one year earlier. The tally frequently approached the $20 billion range in the years before the financial crisis.
- The biggest fundraiser this year is Morgan Stanley spinout PDT Partners, led by Peter Muller.
- Former Icahn deputy Alex Denner’s healthcare-focused Sarissa Capital and former JPM North American CIO Irene Tse’s macro launch are also among the leaders.
- One big name disappointment is Mariner Investment Group, which mustered a relatively weak $197 million for its well-publicized Mariner Incubation fund.
The full study is available here (subscription required)
Editing by Alex Akesson
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