Viking Hedge Fund Raises $1.3 Billion, Another Pool Falls Short

Viking Global Investors collected at least $1.3 billion for its flagship hedge fund while missing a fundraising target for another vehicle.

The hedge fund, which opened to new cash in January for the first time in a decade, received the funds from US investors, according to a regulatory filing. The firm brought in additional money from foreign clients, according to a person familiar with the matter, who asked not to be identified because that information hasn’t been disclosed publicly.

Viking, meanwhile, gathered $774 million for its so-called structured equity fund before the vehicle closed to new cash last month, a ...