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

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR