Hedge Fund News From HedgeCo.Net


Morgan Stanley Raises $516 Million for Hedge Fund Co-Investments

(Bloomberg) Morgan Stanley’s alternative investment group raised $516 million to invest alongside hedge funds in longer-term wagers, as clients move away from more traditional bets in public markets.

In addition to co-investing, the pool of money will also buy investments in hedge funds from other limited partners — primarily so-called side pockets of illiquid securities created before 2008 that tend to sell at a large discount to the value of their holdings, said Mark van der Zwan, chief investment officer and head of the hedge fund team for the unit.

To read this article:

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

Leave a Reply