Hedge Fund News From HedgeCo.Net

Element Is Raising $3 Billion as Hedge Fund Returns 21%

(Bloomberg) As Jeffrey Talpins crushes it this year, investors can’t get enough, pouring $3 billion into his hedge fund in the past month. Element Capital Management gained 20.5 percent this year through July, according to a person familiar with the matter. The now $17.5 billion firm opened its doors to capital from July 1 to Aug. 1, raising the money primarily from existing clients, the person said. Last year, Element attracted $2 billion after it briefly allowed new investments.

To read this article:

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

Leave a Reply