Ex-Elliott portfolio manager Mark Wills launched a commingled fund - something new hedge funds have been struggling to do
Briefly

Cisu Capital, managed by former Elliott portfolio manager Mark Wills, has launched its first commingled fund, successfully raising over $100 million following earlier trading with a separate account from Squarepoint. Despite industry challenges surrounding new hedge fund launches, particularly in the increasingly popular separately managed account (SMA) space, Cisu's achievement highlights a shift in investor preferences towards large pooled investments. Cisu's focus on the financial services sector positions it well amidst growing competition and the preference of large allocators for customization and transparency offered by SMAs, as seen in recent market trends.
Cisu Capital, run by Mark Wills, successfully launched its commingled fund, raising over $100 million after seven months of managing money for a single investor.
The firm, which focuses on financial services, differentiates itself by creating a successful fund amidst the competition of separately managed accounts in the hedge fund landscape.
Read at Business Insider
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