Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Korea’s Woori Assets releases RPF for single hedge fund strategies, including CTA

Monday, July 07, 2014

Komfie Manalo, Opalesque Asia:

South Korea’s Woori Asset Management has called on hedge fund firms across the globe to submit single strategies for a hedge fund of funds mandate. The call for new strategies is in tandem with Woori Investment Securities.

The qualifications for the RFP are:

  • Global hedge fund managers or financial institutions with a hedge fund offering.
  • Each applicant can submit any funds, but each fund is applicable for one strategy
  • If the same fund is submitted by both a manager and a distributor, only the manager’s proposal will be considered
  • The underlying investor is an institutional professional investor;
  • The proposed funds need not be registered in Korea. However, the fund must have or appoint a local placement agent. If a selected manager is without a local placement agent, Woori will provide that service.

In a data sheet released to the media, Woori said it is looking for offshore strategies in the following categories: Equity long/short, credit long/short, event driven (equity), global macro, commodity trading adviser and multi-strategy. For the latter category, only internal-multi-manager/funds of hedge funds are eligible.

Required documents

  • The investment proposal of the firm and the fund
  • English version, Free style format (In-house Marketing materials)
  • Contents should cover investment strategy, portfolio construction process (historical exposure by sub-str......................

    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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.