The launches reported last week were led by Sutesh Sharma, who announced plans to quit Citigroup’s proprietary trading unit to open his own hedge fund. Diego Parrilla, former head of Asian commodities at Bank of America Merrill Lynch launched the NARECO Commodity Low Vol Alpha (commodity) fund in Singapore. Global Forestry Capital is seeking a strategic partner for its new hedge fund, Global Forestry Growth Fund. Former Jetstream pro Gary Dean will launch the Carilliam Global Fund, Carilliam Offshore and Carilliam Global Fund II, a 3c7 vehicle. Sir John Beckwith's venture RiverCrest Capital signed the first two teams to launch two hedge funds. Sparx credit team spinned off to launch a new hedge fund called Double Haven.
London-based Ration Asset Management however decided to......................
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