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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of