Hedge Funds

Tudor's Raptor to take additional capital

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Tudor Investment's $10.6 billion Raptor Global has been talking to investors in recent weeks about opening up for additional capital. It would be the first time in "a long time" that the fund is in a position to accommodate more money, the fund said in a letter to investors.

The high-performing global long/short equity strategy, run from Tudor's Boston office by Jim Pallotta, has for years taken new outside capital only selectively, and the firm hinted in the letter that it would continue to be quite exclusive. Because the fund is mindful of maintaining a "balanced investor base,"