RAB Adds Citi’s Seex For Asia Push

Jul 2 2010 | 11:47am ET

A year after slashing its presence in Asia, RAB Capital is re-upping in the region, hiring a top Citigroup executive to head its Hong Kong office and raising hundreds of millions of dollars for a new Asia-focused hedge fund.

David Seex, a longtime Citi alternative investments executive and head of its Asia alternatives business, will lead the US$1.4 billion London-based firm’s fundraising effort, as well as the development of its new “deep-value fund,” the Financial Times reports. That fund, headed by a team hired last year by RAB, is on track to raise US$200 million by the end of the year.

And that’s just the beginning. RAB, which sold its Northwest Investment Management business last April, is planning a series of Asia-focused hedge funds for launch this year.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Ex-Hedge Fund Billionaire Won’t Run For Senate

Jan 23 2015 | 5:48am ET

Ex-hedge fund manager Tom Steyer will not run for Senate after Sen. Barbara Boxer...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note