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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...