 The fund opened in February 2007 and was one of the largest new launches in recent years, as many of Jabre's old clients followed him to his new venture, along with a significant number of new investors.The fund - JabCap Multi Strategy Fund - closed very shortly afterwards with about $4 billion under management and Jabre Capital Partners is one of the largest hedge funds in Switzerland today.In March 2011, Philippe Jabre and his fund made a substantial bet on Japanese equities.