Ex-Stark Firm Orchard Launches Asia Long/Short Fund

Feb 12 2010 | 5:40am ET

The former Asia team at Stark Investments has launched its first new fund since its spin-off last year.

Orchard Capital Partners’ new long/short hedge fund debuted on Thursday. Orchard Gemini began trading in January and is to open to outside investors in April. The firm hopes to raise $500 million for the fund over the next two to three years.

Orchard, which has offices in Hong Kong and Singapore, will deploy the new fund’s capital across the Asia-Pacific region, particularly in Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, South Korea and Taiwan.

The firm spun-off from Stark in October, taking with it about two dozen employees and Stark’s Asia hedge funds, which manage about $400 million. Orchard also manages about $1 billion in Asian investments for its former parent.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of