BlueCrest Capital Management to close off BlueTrend Fund to new investors

February 3rd, 2010
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BlueCrest Capital Management LLP is planning on closing its $9 billion BlueTrend hedge fund to new investors if it surpasses $10 billion. According to the Financial News, the returned 4.3% in 2009 and an impressive 43% in 2008. BlueTrend is managed by Leda Braga who also runs BlueCrest’s Systematic Trading Group.

According to the article, Landsdowne Partners closed its $8 billion UK Equity hedge fund to new investors last year and Brevan Howard Asset Management has also closed off its Asia and Emerging Markets hedge funds.
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For Detailed Investor Profiles on these Investors, click below:
BlueCrest Capital Management
Brevan Howard Asset Management
Lansdowne Partners
Related People: Alan Howard; Christopher Rochos; James Vernon; Jean-Phillipe Blodget; Michael Platt; Paul Ruddock*; Peter Davies ; Steve Heinz*; Trifon Natsis; William Reeves
Related Entities: BH Global; BH Macro; BlueCrest Capital; BlueCrest Special Situations Fund LP; BlueCrest Strategic Ltd; BlueMountain Capital Management; Brevan Howard Asia Fund; Brevan Howard Credit Catalysts; Brevan Howard Emerging Market Strategies Fund; Brevan Howard Macro FX; Brevan Howard Master Fund Ltd; Lansdowne European Equity Fund; Lansdowne European Long Only Fund; Lansdowne European Strategic Equity Fund; Lansdowne Global Financials Fund; Lansdowne UK Equity Fund; Man Group Holdings; Morgan Stanley; Swiss Reinsurance; Theleme Partners
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings


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