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From the Opalesque team: van Biema Value Partners, LLC announced the official launch of van Biema Asia Value Fund, Ltd., domiciled in the Cayman Islands. The Fund commenced operations on August 1, 2008, having received an initial commitment of approximately US$215.0 million from one of our large existing institutional clients. The objective of the van Biema Asia Value Fund, Ltd. is to provide investors with a diversified portfolio of small, high quality Pan-Asian Value managers?
The Asia Value Fund expects to maintain a small, concentrated portfolio of managers, generally less
than 20. The Fund will not be diversified across investment styles as is the case with many funds of
funds, but is rather a highly specialized, niche fund of hedge funds for the sophisticated high net worth
and institutional investor. Our niche, the Value discipline, has demonstrated, over the long term,
significant outperformance over market benchmarks in both practical experience and in a number of
academic studies. The Fund achieves its diversification across the Pan-Asia geography, market
capitalization, and asset classes as well as the specific Value style employed by specific managers.
The firm's founding Partner, Michael van Biema (Ph.D. from Columbia University, B.A. from Princeton
University in Electrical Engineering), was on the faculty of Columbia Business School from 1992 to
2004 where he has taught general corporate finance, capital m...................... To view our full article Click here
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