Monday, July 15, 2024

US hedge giants line up AI mega funds

Bridgewater Associates and Point72 Asset Management are lining up billion-plus vehicles to capitalise on the AI boom.

Bridgewater’s new fund launched last week with almost $2bn, while Point72 is said to be fundraising for a $1bn stocks fund focused on AI trends.

Please subscribe to Alternative Fund Insight to continue reading
Alternative Fund Insight provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in hedge funds and private markets.