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Canning Park To Cap Equity HF Size

Canning Park Capital is looking to limit the size of its equity hedge fund at $100 million.

Canning Park Capital is looking to limit the size of its equity hedge fund at $100 million, Bloomberg reports. The firm, founded by former Gartmore Group and GLS Capital U.K. managers, seeks to raise the assets after outperforming peers.

Canning Park is seeking to tap money for its Asian hedge funds. The CCP Asian Opportunities Fund has risen around 20% since it started trading on Sept. 15, 2010, while the MSCI Asia Pacific Index gained 8% during the same period.

Click here for the story from Bloomberg.

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