Eisler to Shut Its Oldest Hedge Fund to Focus on Multi-Strategy
- The firm will return cash to investors in Eisler Capital fund
- The Eisler Multi Strategy fund is now the main focus
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Eisler Capital will wind down its first hedge fund and no longer start another fund to focus entirely on its multi-strategy money pool as the firm pivots to an approach that’s increasingly popular with investors.
The London-based firm has told clients in the Eisler Capital fund that it will return money in the strategy at the end of this year, according to an internal memo seen by Bloomberg. Eisler Capital Multi Strategy fund, which allows it to charge lucrative pass-through fees, is now the sole focus, the memo said.