London-based multi-strategy firm Eisler Capital has become the latest hedge fund to limit the amount of money investors can withdraw from the firm's funds, as demand for its services increases, according to a report by Bloomberg.

Eisler is joining the likes of Brevan Howard Asset Management, Marshall Wace and Millennium Management, in looking to lock up investor cash for longer, in Eisler's case by halving the amount of capital that investors in the Eisler Capital Multi Strategy Fund can withdraw each quarter, according to an investor letter sent by the firm on Friday and seen by Bloomberg.

From May next year, clients will be limited to withdrawing only 12.5% of their investment during each quarterly period, down from 25% previously, meaning tit will take two years to fully redeem investments.

Eisler is also upping the notice period required for withdrawals from 60 days currently to 90 days.