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Carronade plans to close flagship fund to new investors in 2026

Assets at the credit-focused hedge fund have risen to about $3.7 billion ahead of the planned end-2026 closure to new capital.

Reported · Written up by our desk · Hedge Funds

Carronade Capital Management is planning to stop taking new investors into its flagship hedge fund at the end of 2026, as the fund nears a key asset level, according to reporting cited by Hedgeweek.

The outlet says Carronade’s assets under management have climbed to approximately $3.7 billion, putting the fund on track as it approaches a target of about $4 billion.

Hedgeweek, citing a report by Bloomberg, described the move as a closure to new investors while the fund continues operating through 2026.

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