Thu, Sep 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ex-Nomura trader Payer to launch $250m Asia hedge fund

Thursday, July 26, 2012

From Komfie Manalo, Opalesque Asia – Former Nomura Holdings Inc managing director Jean-Noel Payer, 36, is planning to launch a $250m Asia-focused volatility hedge fund that intends to take advantage of price swings in Asian securities, various media reported.

In a report by Reuters, Payer’s fund launch is touted to be among the biggest start-ups in Asia so far this year.

According to the report, Payer’s Voltex Asia Capital Ltd will be headquartered in Hong Kong after receiving a regulatory clearance on Tuesday. The size of Voltex makes it one of the largest launches in Asia this year after former Perry Capital Asia head Alp Ercil launched his own $440m hedge fund and former UBS Australia trader Gerard Satur, launched the $195m MST Capital.

Payer told Reuters, "We target to be fully operational and launch in September." He added that 95% of the fund's assets would be invested in Asia.

Interestingly, new Asian hedge funds generated an estimated $2bn in the first half of 2012, representing a 50% rise over the capital they raised in the previous six months, according to a survey by AsiaHedge.

The number of start-ups also increased, rising to 32, from 30 in the secon......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3