Industry News

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

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

Highbridge Cap Raises $3B For New Fund

Jun 19, 2013
Jing Chen

JPMorgan’s hedge fund firm, Highbridge Capital Management, has raised $3 billion for a direct lending fund.

Financial Times reported that the new fund, which will capitalize on the decline in traditional bank lending, will target middle-sized companies.

The article also said according to the International Monetary Fund, European banks are  expected to decrease their balance sheets by about 7% of their assets by next year.

Mike Patterson, who will manage the new fund, told Financial Times that the new offering will invest 80% in the U.S., and the rest in Europe.

Highbridge Capital manages about $26 billion in capital.

Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More