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Tyrus exceeds fundraising target
02 November 2009
Tyrus Capital, the hedge fund set to be launched on Monday by former Deephaven manager Tony Chedraoui, has raised more than $800m
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Tyrus Capital
Tony Chedraoui
Deephaven
Tyrus Capital, the
hedge fund set to be launched on Monday by former Deephaven manager Tony
Chedraoui, has raised more than $800m (€543m, £487m) from investors in one of
the clearest signs to date of a resurgence of confidence in the hedge fund
industry.
Since the collapse
of Lehman Brothers, the number of hedge fund launches has fallen far from its
peak. In the...
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