Orchard Capital Offers Equity Long/Short Fund

Jun 10 2010 | 9:56am ET

Stark Investments spin-off Orchard Capital Partners has launched an equity long/short fund.

The Hong Kong-based fund, which split from Stark in October, wasted little time after winning its independence to launch the Orchard Gemini Fund. The vehicle debuted in January, The Wall Street Journal reports, in response to investor demand for greater liquidity and single-strategy funds.

“Many investors were looking for greater transparency into the specific strategies of their managers,” Teall Edds, an Orchard partner, told the newspaper. “Having one big multi-strategy fund was not necessarily what many investors wanted.”

The new fund—which is up 5.3% since inception—is, like Orchard’s other funds, focused on Asia, investing in stocks and derivatives across the region, including in Japan and Australia.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of