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Hedge Fund Private Equity

Pelham Capital plans revival with new $100m-backed fund

hedgeweek

3 months ago

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London-based Pelham Capital is plotting a return to the hedge fund arena with a new vehicle, seeking to rebuild after a challenging period that saw the firm’s assets shrink from $4.5bn in 2020 to around $1bn by 2023, according to a report by the Financial Times.
The fund, which expected to launch under the name Bayes Hill in May or June, will be led by Kayvan Larizadeh, formerly Pelham’s deputy, with founder Ross Turner committing $100m of his own capital and agreeing not to withdraw it for thre...

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