Crake Raises $1.6 Billion in Biggest European Hedge Fund Startup

(Bloomberg) Martin Taylor, who shuttered Nevsky Capital more than three years ago, has returned to the industry with the biggest hedge fund startup in Europe this year. His London-based Crake Asset Management has raised about $1.6 billion and started trading on Oct. 1, according to a person with knowledge of the matter. The fund has commitments to take in another $150 million

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