LMR Capital, the high-performing London boutique focused on short-term trading, is preparing to launch its second fund on 1 April. Indications from investors suggest that the LMR Global Opportunities Fund will launch with over $100 million.
The new fund will have greater capacity than the flagship LMR Fund, which has reached its $750 million limit after reopening in January to take in more capital. The firm received subscription requests totalling $300 million for the flagship, but capacity restrictions meant it was only able to accept around half that figure.
The LMR Fund has performed extremely well since launching