CORRECTED - Macquarie Capital buys hedge fund from Craton Capital

(Corrects to add "from" in headline and first paragraph, makes clear Macquarie did not buy whole of Craton)

SINGAPORE, April 1 (Reuters) - Australia's Macquarie Capital has acquired a European-based boutique commodities hedge fund from Craton Capital, sources close to the deal said.

No details about the price Macquarie paid were forthcoming, but a source at the bank said: "The four members of the hedge fund team have come across to Macquarie Capital and are relocating to Australia."

"Our clients have been fully informed. In essence ... there is no change to the hedge fund or the people involved, including the managers, other than their location. The entity itself will be part of the Macquarie Capital division of the Macquarie Group Ltd (MQG.AX)," said the source, who spoke on condition of anonymity because of the sensitivity of the negotiations.

A source familiar with Craton said the fund had around $100 million under management in its hedge fund.

The Macquarie official said it was pulling together its end-month report, but was unable to confirm the amount of funds under management.

"We then have the opportunity to update all of our investors on things like performance and funds under management and more details on where this initiative stands." (Reporting by Nick Trevethan; Editing by Kim Coghill)