(Bloomberg) Credit Suisse Group AG is courting investors to raise as much as $2 billion for a fund that will buy stakes in hedge-fund firms, according to two people with knowledge of the matter.
The Zurich-based bank’s Anteil Capital Partners unit will aim to buy minority stakes in 10 to 12 money managers, the people said, asking not to be identified because the information is private. The Swiss bank joins the likes of Goldman Sachs Group Inc. and Blackstone Group LP in raising funds to buy into hedge-fund firms.
