Saturday, 23 May 2015
Last updated 10 hours ago
Aug 10 2010 | 11:33am ET
Jei Li got her start in private equity. But after some seasoning at a pair of hedge funds, she’s ready to strike out on her own.
Li last month launched Reflexion Capital, HedgeFund.net reports. The new fund employs a long/short equity strategy with a focus on industrials and basic materials. Li told HFN that Reflexion has already invested in U.S., Canadian and Hong Kong companies.
Li would not say how much Reflexion has raised or hopes to raise. The fund has a $1 million minimum investment requirement and charges 1.5% for management and 20% for performance. Lazard Capital Markets is its prime broker, and Opus Fund Services is its administrator.
After an investment banking career at Morgan Stanley, Li worked on sourcing and executing deals for JPMorgan Chase’s private equity arm, One Equity Partners. She led the Asian strategy for hedge fund Trellus Management Co. before joining Aragon Global Management as head of investment research for industry and cyclical sectors.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…