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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...