12.05.2014 - Dymon gets $500 mln from Temasek to seed hedge funds
Singapore-based asset manager Dymon Asia Capital has received commitment worth $500 million from Temasek Holdings to jointly invest in hedge funds, Dymon said in a statement on Monday. The first investment from the venture will be in Port Meadow Fund to be managed by SAC Capital portfolio manager Carl Vine. The long/short equity hedge fund is expected to be launched in the second quarter. The new seeding venture is led by Dymon President Jay Luo and Managing Director Ben Freischmidt...............................................Full Article: Source
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