TT International Floats $500M Macro HF

U.K. asset manager, TT International, has launched a new European equities long/short macro-driven fund.

U.K. asset manager, TT International, has launched a new European equities long/short macro-driven fund, HFMWeek reports. The TT Equity Macro Fund Europe was rolled out with internal capital worth $106 million. Teun Draaisma, former European equity strategy head at Morgan Stanley, is the portfolio manager for the strategy. The vehicle, which has a capacity of $500 million, typically invests in three or four themes, including 100-200 individual stocks.

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