The recent revival of hedge fund start-ups has sent the clearest signals yet of a rebound in the $1,400bn global hedge fund industry. UK-based Tyrus Capital on Monday became the largest fund to launch so far this year, with an initial $800m from investors. Theleme Partners, set up by Patrick Degorce, co-founder of The Children’s Investment Fund, also launched on Monday with about $200m; and in the US, Pia Capital, set up by ex-Moore Capital trader Christopher Pia, launched in June with an estimated $300m.

This entry was posted by Gwen Robinson on Tuesday, November 3rd, 2009 at 4:50 and is filed under Capital markets, Hedge funds, People. Tagged with PIA, Theleme, Tyrus. Edit this entry.