Glen Point Capital Said to Raise $2B for EM-Focused Macro Hedge Fund

(FinAlternatives) Glen Point Capital has raised nearly $2 billion in capital for its new discretionary global macro fund since forming last fall, ranking it among the largest European hedge fund startups this year. The firm was started by former BlueBay Asset Management macro fund managers Neil Phillips and Jonathan Fayman in September 2015. While also pursuing a macro strategy, Glen Point has a greater focus on emerging markets.

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