Bloomberg – Nevsky Capital LLP’s Martin Taylor, who decided a year ago to step away from the “intensity” of running a $3.3 billion hedge fund, is starting a new version one-fourth the size, said two people with knowledge of the plan.
Taylor, 41, and partner Nick Barnes, 36, aim to manage a fund with no more than $800 million when they shut their London- based Nevsky Fund Ltd. at month’s end, according to the people, who asked not to be identified because the information is private. Requests by clients to join the new fund, which will invest mainly in global stocks with a focus on emerging markets, have exceeded the amount Taylor and Barnes want to oversee.