Algebris To Open Asia Office In Hong Kong Or Singapore

Mar 18 2010 | 7:49am ET

The latest hedge fund mulling an Asian office is Algebris Investments, the London-based financial-focused shop.

Top officials from the $1.6 billion hedge fund scouted the region earlier this year, Reuters reports. The firm is choosing between Hong Kong and Singapore for its Asia base.

A slew of western hedge funds, including GLG Partners, Maverick Capital, Moore Capital Management, Stark Investments and Viking Global Investors have opened, or are planning to open, offices in Asia.

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