Glade Brook Grows Private Equity Assets with New Fund

The firm, founded by Tiger Grandcub and Shumway Capital vet Paul Hudson, now manages more money — and has produced better performance — in its private equity funds than in its hedge funds.

Glade Brook Capital Partners, the Greenwich, Connecticut–based hedge fund firm founded by Paul Hudson, is raising money for a new dedicated private equity fund, Glade Brook Private Opportunities Fund.

The firm tells clients it has received “a strong response” for the new offering.

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