Boussard & Gavaudan, an Anglo-French hedge fund manager, has raised an additional €530m ($720m) through a secondary issue of shares in its Amsterdam-listed fund.

It is the only one of the six hedge funds to list to make a secondary offering. The new capital has taken the listed fund's assets to more than €1bn, making it the second largest listed hedge fund after Marshall Wace's MW Tops.

William Hutchings

BNP Paribas

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Boussard & Gavaudan raises extra €530m

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