Foreign hedge funds readying for QDLP go-live
Six large hedge fund managers are set to raise money from China investors, with the number of firms tipped to expand down the line.
The first foreign hedge fund managers that will receive quotas to raise money from Chinese investors are likely to start doing so by the end of January and possibly as early as this year, say sources.
The six firms in question are Canyon Partners, Citadel Group, Man Group, Oaktree Capital, Och-Ziff and Winton Capital, each of which will be able to raise up to $50 million under Shanghai’s qualified domestic limited partner (QDLP) scheme, according to media reports.
Sources famili…
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