Launches & Closures

HSBC opens early stage fund to outside investors


The HSBC Next Generation Fund, which has already raised $100 million from founder investors, is now opening to other high net worth and institutional investors with dedicated share classes.

HSBC is using the experience garnered in more than two decades of hedge fund research and portfolio management to bring the next generation of hedge fund talent to its clients.

HAIL, which established its first fund of hedge funds in 1995, however, has also recently seen the departure of its investment veteran Tim Gascoigne.

The HSBC Next Generation Fund, which has monthly liquidity, invests in new and upcoming hedge