The hedge fund manager at the centre of a record fine by the Financial Services Authority for inadvertent market abuse has raised $3bn (€2.2bn) for his new investment vehicle after opening it in Geneva in December.
Jabre, the former partner of UK hedge fund GLG who was fined £750,000 (€1.1m) for inadvertent market abuse by the Financial Services Authority, has raised $1bn in the last month to take his total fund to $3bn, according to a source close to the firm.
