Strong start at Theleme takes assets past $500m

Mon May 24, 2010

Former TCI co-founder Patrick Degorce is off to a strong start with his new Theleme global long/short equity operation, according to investor sources, with assets already passing the $500 million mark after launching to outside investors at the start of January.

Performance has been robust, with the fund up by some 14% gross since its formal launch on 1 December. The fund has a permanent hard-cap level for external capital at $2 billion.

So far the bulk of the money has come from the US, where many investors are...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.


Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI