Citi Equity Strategist Founds Hong Kong Hedge Fund

Mar 1 2007 | 10:29am ET

A top Citigroup executive is leaving the firm to found his own hedge fund, according to published reports.

Ajay Kapur, since 2004 the Wall Street giant’s chief global equity strategist, is returning to Hong Kong—where he has residency rights—to set up First Horse Capital. Joining him are Niall MacLeod and two other members of his team at Citi.

Prior to becoming chief global strategist, Kaper headed Citi’s global markets division in Asia. He is also a Morgan Stanley alum.Robert Buckland will succeed Kapur at Citi.


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

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of