Ex-DKR Fischer aims to raise up to $1 bln in hedge fund-source

Reuters – Seth Fischer, who once managed $3.3 billion for DKR Soundshore Oasis Fund, will open his multi-strategy hedge fund in late summer to external investors, aiming to raise up to $1 billion, a source with direct knowledge of the matter said.

The Oasis Investments Master Fund II will be a continuation of the strategy that Fischer and his team of 25 staff had been running internally and with internal capital for the last 14 months, the source said.

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