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CICC team seeks $500 million for China fund of hedge funds

The vehicle would spread capital across multiple China-focused managers, Opalesque reported.

A CICC team is seeking investors for a $500 million fund of hedge funds built around a China revival thesis, Opalesque reported on Nov. 10.

The vehicle would spread capital across multiple China-focused managers rather than run a single strategy.

For allocators, the fee and redemption schedule decide whether the extra fund-of-funds layer is worth paying, and neither was disclosed.

Hedge funds added $36 billion in the third quarter, just below the second quarter's $39.1 billion, taking 2026 inflows above $100 billion, as Alternatives previously reported, citing Citco's quarterly report.

Reported by the Raises & Launches desk from Opalesque and Alternatives archive (Citco quarterly report). Published . Corrections

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