CQS to soft-close high-performing ABS strategy at $2bn
June 22, 2011
The firm is carefully managing inflows to its sought-after funds.
CQS, the $11 billion global multistrategy asset manager led by Michael Hintze, is soft-closing its high-performing $1.6 billion CQS ABS Fund during 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 multistrategy vehicle that allocates across the...
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