Monday, July 15, 2024

Hedge fund launches surge as Jain Global raises $5.3bn

Almost 150 hedge funds launched in Q1, the most in two years, as Jain Global headlines a resurgence in start-up activity this year.

Bobby Jain, the former co-CIO at Millennium is due to start trading in July with $5.3bn under management, making it the biggest launch since ExodusPoint in 2018.

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