Wednesday, 25 November 2015
Last updated 7 hours ago
Oct 22 2010 | 1:21pm ET
GCI Asset Management, which earlier this year set up a commodities hedge fund with Orix Investment Corp., said it planned to seed at least two more hedge funds helmed by promising Japanese talent next year.
"I do not have a specific target, but would like to launch at least a couple of new funds in 2011," senior fund manager Shinichiro Nagai told Reuters. By the end of next year, he said, GCI hoped to have US$200 million invested in its Japan Alpha series.
That range of funds, which debuted with the launch of the US$40 million Orix Commodities Fund, aims to invest in funds run by promising Japanese hedge fund managers.
GCI currently has about US$400 million in assets under management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…