Blue Sea Capital today announced that it has successfully closed Blue Sea Capital Fund II LP and Blue Sea Capital Executive Fund II LP, a $430 million private equity fund.
US pensions awarded $9 billion to hedge funds in H1 amidst market uncertainty, but as worst-case scenarios did not materialize in H2, equity markets recovered and hedge fund allocations tailed off to $2.2 billion in Q3 and $1.3 billion in Q4.