Fri, Mar 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Seeder and distributor Triple A Partners starts strategic relationship with Japanese investment company Sparx AM

Tuesday, January 19, 2010
Opalesque Industry Update ‐ Triple A Partners announced today that Triple A Partners Distribution Limited and Triple A Partners LLC (collectively referred to herein as “Triple A Partners”), an Asian and Emerging markets alternative fund company in the seeding and distribution business, will partner with SPARX Asset Management Co., Ltd. (“SPARX”), to help them further develop and supplement their marketing and distribution activities outside of Japan. With its regulatory licences in Hong Kong, the United States and the United Kingdom and its growing resources globally, Triple A Partners are able to offer SPARX comprehensive global marketing support outside of Japan.

SPARX is an independent investment company headquartered in Tokyo with assets under management of approximately US$2.8 billion, in traditional long‐only and alternative products primarily focused on Japanese equities. Founded in 1989 with a mission to be the most trusted and respected Investment Company in the world, SPARX pioneered the introduction of the Japanese equity long‐short strategy which has since been widely adopted by other investment management companies. Whilst global interest in investing into Japanese markets has been lackluster in recent times, SPARX hopes to rekindle interest by providing greater insight into the Japanese investment opportunities available to global investors. The strategic relationship with Triple A Partners is designed to help SPARX reach this goal.

Shuhei Abe, Chairman of SPARX, said “It has been a challenging two years for both Japan and for SPARX, but we now feel that interest in Japan is finally starting to come back after a long period of skepticism towards the region. We believe it is time to aggressively promote Japan as a market where opportunities for generating returns are more visible than ever from various perspectives. Our strategic relationship with Triple A Partners represents an important step for us on the road to reaching out to investors around the world and helping them to take advantage of these opportunities.”

Hans Tiedemann, Chairman of Triple A Partners, said “We are honoured to have the opportunity to work with SPARX – one of Japan’s first and most respected independent asset management boutiques to specialise in Japanese equities, and now the biggest Asia‐based single‐manager hedge fund firm. Whilst the appetite for investing into Japan has been muted in recent years, we believe that the market continues to offer many excellent investment opportunities. We are excited by the chance to help SPARX build a very large international business over the coming years.”

In the United States, SPARX has engaged Triple A Partners LLC, a US subsidiary of Asia Alternative Asset Partners. Warren Wibbelsman of Triple A Partners LLC said “ It is a privilege to be associated with a high‐quality firm of the caliber of SPARX. They have built an outstanding business in Asia and we look forward to being a part of their future growth. Given the SPARX Group’s considerable experience, they are well positioned to help US investors understand and take advantage of opportunities in Japan and across Asia.”


Triple A Partners is a unique Asian Alternative Fund Partnership with offices in Hong Kong, Los Angeles, Sydney and London. Committed to connecting global investors with high quality Asian investment opportunities, the company leverages the deep knowledge and broad global networks of its management team (Hans Tiedemann, Paul Smith and Roger Pyrke) to access previously untapped management talent. www.tripleapartners.net


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Patrick McCormack to shut down hedge fund Tiger Consumer[more]

    Komfie Manalo, Opalesque Asia: Patrick McCormack is shutting down his hedge fund Tiger Consumer Management after 15 years "to spend more time with his family," reported Reuters. Tiger Consumer ended February up 4.6% (+3.9% YTD) and assets roughly $1.4bn, reported

  4. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  5. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi