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Nishant Kumar: Broad Reach fund closes to new money at $3.5 billion

Nishant Kumar: Broad Reach fund closes to new money at $3.5 billion
Broad Reach closes to new money

Nishant Kumar reports that Bradley Wickens’ hedge fund Broad Reach has received backing from Abu Dhabi Investment Council, joining ExodusPoint, Deem, and Dymon. Wickens is closing his main fund to new money at about $3.5 billion.

This move places Broad Reach among a select group of hedge funds that have attracted support from major international investors.

Kumar has previously reported on hedge fund activity in Europe, noting that Millennium and Rokos are establishing new offices in Athens. He also covered Chris Rokos’s decision to relocate to Greece after facing a £330 million UK tax bill. These developments highlight continued movement and international expansion among prominent hedge funds.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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