Launch activity intensified in April after the market ructions in March, with more new names coming to market and rising confidence this year could see a return to pre-pandemic levels of $1bn-plus start-ups.
Fifteen funds were added to AFI’s launch tracker, as well as 83 Form D fundraising notices filed with the SEC. Tracked closures included the Brevan Howard-backed Commonwealth Asset Management strategy after losses in March and Axa’s Chorus unit moving to Eisler Capital in another multi-strat swoop.
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