Nylon To Launch Global Macro Fund

Nylon Capitalis seeking to roll out a new global macro fund,Financial Newsreports. The hedge fund firm will unveil the portfolio with the damages that it received as part of a lawsuit settlement withBarclays Bank.

Nylon will also use money in its limited liability partnership, which is around $50 million. The firm is in discussion with several pension funds and sovereign wealth funds for seed capital for the new hedge fund.

Click here for the story fromFinancial News.