A CICC team is seeking investors for a $500 million fund of hedge funds built around a China revival thesis, Opalesque reported on Nov. 10.
The vehicle would spread capital across multiple China-focused managers rather than run a single strategy.
For allocators, the fee and redemption schedule decide whether the extra fund-of-funds layer is worth paying, and neither was disclosed.
Hedge funds added $36 billion in the third quarter, just below the second quarter's $39.1 billion, taking 2026 inflows above $100 billion, as Alternatives previously reported, citing Citco's quarterly report.
Reported by the Raises & Launches desk from Opalesque and Alternatives archive (Citco quarterly report). Published . Corrections