New Managers
August 2015
EMERGING MANAGER BULLETIN: Assets, hires, mergersAsian hedge fund startups raise a record–breaking $5.32 billion in 1H 2015 Asian hedge fund startups raise a record–breaking $5.32 billion in first half of 2015, making it one of the biggest launch seasons in the history of Asia, shows the latest AsiaHedge New Fund Survey. Key Highlights -The era of mega hedge fund spinouts has arrived in Asia with Singapore-based GAMA raising a record $4 billion in addition to a number of world-class Asia born and bred managers launching successfully -Macro funds are back in vogue in Asia after challenging couple years, raising $4.17 billion in total launch assets -Anchor investors and strategic seeders/backers emerge as game changers for Asian startups -Overall, 25 new Asia-focused hedge funds mop up $5.32 billion in assets from global investors, showing strong continued interest in the Asia story Even as Asian markets embarked on a roller coaster ride in 1H2015, the hedge fund startup space in Asia continued to impress, with as many as 25 high-quality new managers pulling in $5.32 billion in capital, shows the latest AsiaHedge New Fund Survey. This is a 100% increase in asset terms year on year, and builds strongly on the success of Asian hedge fund startups last year, when new launches raised $5.4 billion – making it the most successful year in history for Asian startups… Full press release Guard Capital set to join $1bn club Hong Kong-based Guard Capital is set to join a tiny group of hedge funds managing $1 billion or more in Asia. Leland Lim, the former co-head of macro trading for Asia Pacific ex-Japan at Goldman, and Allan Bedwick, who was the head of macro trading in Asia for Noble Group, launched the macro hedge fund last ...................... To view our full article please login
|
||