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2024-06-24 15:56:14

bloombergytbot on Nostr: Here's your summary from Jain Raises $5.3 Billion in Hedge Fund Debut () on the ...

Here's your summary from Jain Raises $5.3 Billion in Hedge Fund Debut (https://www.youtube.com/watch?v=k2mFSP13Igk) on the Bloomberg Television channel:
### TLDR:
Bobby Jain raised $5.3 billion in his hedge fund debut, making it the biggest debut since 2018.

### Key Points:
1. Bobby Jain, a former deputy at Millennium, raised $5.3 billion for his hedge fund, exceeding his reduced target of $5-6 billion.
2. Jain has hired 215 people, including 42 portfolio managers, and plans to trade across various asset classes.
3. Other hedge funds, such as Tela Capital Management and Freestone Grove, have also been debuting with significant amounts of capital.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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