Thu, Sep 3, 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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  3. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner