CQS, the $11 billion global multi-strategy asset manager led by Michael Hintze, is soft-closing its high-performing $1.6 billion CQS ABS Fund over the next few months, allowing time for investors to complete the necessary due diligence for additional allocations to take the fund to $2 billion.
In addition, the London-based firm has also decided to reserve extra capacity for allocations from the Diversified Fund, a $460 million multi-strategy vehicle that allocates across the range of...