AllianceBernstein closes hedge fund AB Arya  

AllianceBernstein Holding has wound down AB Arya, a hedge fund within its alternatives business, reported Bloomberg citing sources.  

The multi-manager vehicle sat within AllianceBernstein’s $6bn hedge fund platform. 

The report says 95% of liquidation proceeds are expected to be ready for distribution to clients in June. 

AllianceBernstein would continue to provide systematic and multi-manager strategies to clients.  

AB Arya had exposure to a range of alternative approaches through derivatives, including equities, systematic trading, global macro and special situations. 

The decision adds to evidence of strain among multi-strategy hedge funds outside the industry’s largest names, including Millennium Management, Citadel and DE Shaw & Co. 

Eisler Capital ceased operations last year after poor performance, lower assets and rising staffing expenses weighed on its attempt to expand in multi-strategy investing. 

AllianceBernstein had $867bn in client assets under management as of 31 December 2025. 

More recently, the firm introduced its active ETF business in Europe, extending its global ETF operations.  

The move brought three Luxembourg-domiciled UCITS fixed income ETFs to market: the AB Global Corporate Bond UCITS ETF, the AB USD Corporate Bond UCITS ETF and the AB EUR Corporate Bond UCITS ETF. 

Those ETFs are being offered through AllianceBernstein’s Luxembourg-domiciled UCITS structure. All three are set to trade on the London Stock Exchange, Borsa Italiana, Börse Xetra and the SIX Swiss Exchange. 

In February, AllianceBernstein selected SimCorp One as its core investment technology platform. 

The system is due to become part of the company’s central infrastructure, supporting front-to-back investment operations. 

AllianceBernstein said the platform is meant to widen access to real-time, centralised data for its investment teams and combine existing and proprietary trading tools.