Monday, 30 November 2015
Last updated 2 days ago
Jan 11 2010 | 12:34pm ET
London-based hedge fund Prana Capital is poised to move its focus—and founder—to Asia.
The global macro shop, which already invests some of its US$115 million in assets in Asian equities, plans to open a Singapore office, Reuters reports. It is expected that Peregrine Cust, who founded the firm five years ago, will relocate to the new office.
A spokesman for the hedge fund told the news agency that Cust’s move was “not imminent.”
Prana Capital’s eponymous hedge fund returned 72% last year.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…