Launches & Closures

Huttenlocher eyes $2bn capacity for Myriad Opportunities fund


Carl Huttenlocher
Star trader and ex-Asia head of Highbridge Capital Management, Carl Huttenlocher, has announced that his much anticipated new multi-strategy fund, the Myriad Opportunities Fund, could start trading in October and is looking at around $2 billion in capacity.

The fund will open to external investors in December and is likely to take in capital in stages, as opposed to the general expectation of starting with $1 billion at the outset. An institutional end investor focused on long-term returns and a two-year lock-up is understood to be in place, which Huttenlocher feels will provide