Reuters – BlueCrest, the $14 billion hedge fund firm led by billionaire Michael Platt, is to open its high-performing equity fund to outside investors, marking a new attempt by one of Europe’s biggest hedge funds to expand into the asset class
The BlueCrest Equity Strategies fund has operated with its own capital of $1 billion until now but plans to accept its first money from third parties from April, sources familiar with the matter told Reuters.
