Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact

News Archive

Read More Industry News >

Start-Up Firm Lands Investments From Chicago's Wealthiest

Mar 06, 2013
Jing Chen

A newly-launched hedge fund firm has already attracted investments from some of Chicago’s wealthiest families.

Chicago Business reported that BlueSpruce Investments received commitments from Susan Crown, a partner at investment management firm Henry Crown & Company, and Penny Pritzker, the CEO of PSP Capital Partners and Pritzker Realty Group.

Peter Thiel, co-founder of electronic payment services company PayPal Inc., also made an investment in BlueSpruce.

Launched last month by former Madiaon Dearborn Partners professionals Tim Hurd and Ed Magnus, BlueSpruce currently has about $300 million in assets. It has a targeted amount of $400 million.

Read More Industry News >

eVestment’s 2016 Hedge Fund Industry Outlook

Request Your Copy