Private Equity Vet Launches Industrials, Basic Materials Hedge Fund

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.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of