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Jain raises $5 billion in biggest hedge fund debut since 2018

Former co-chief investment officer Bobby Jain has raised $5.3 billion for his new hedge fund, Jain Global, starting trading on July 1. This marks the biggest fundraising since ExodusPoint Capital Management's record debut.

Jun 25, 2024 - 05:30
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Jain raises $5 billion in biggest hedge fund debut since 2018
Former co-chief investment officer Bobby Jain has raised $5.3 billion for his new hedge fund, Jain Global, starting trading on July 1. This marks the biggest fundraising since ExodusPoint Capital Management's record debut.
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