Hedge Fund News From HedgeCo.Net


Dyal Capital raises $1.28 billion for hedge fund stakes

Reuters – Dyal Capital Partners, a private equity fund set up to take stakes in existing hedge fund firms, has closed to new money after raising $1.28 billion, showing that demand to invest in the sector persists despite recent poor performance.

Dyal closed the fund after attracting money from more than 40 global institutional clients and beating its $1 billion target, asset manager Neuberger Berman, which will run the fund, said in a statement on Monday.

Read Complete Article

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

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>