Fund launches & closures

Former Citadel, Balyasny man Cowley to launch MC²

by

The MC Squared team
Former Citadel and Balyasny man Michael Cowley is preparing to go live with his own long/short industrials-focused global equity hedge fund, with launch set for 1 May.

Cowley has secured a deal with an anchor investor for his new London-based MC Squared Global Investors LLP investment management firm that enables him to take a long-term approach to building the business – so the firm will not be seeking additional capital from new investors for the time being.

The strategy will be consistent with the approach that Cowley, who was formerly an