Credit Suisse’s Chan To Launch Macro Hedge Fund

Nov 11 2010 | 11:41am ET

Credit Suisse Group’s star currency trader, Charlie Chan, will launch an eponymous hedge fund next year.

Charlie Chan Capital Partners’ maiden hedge fund will be an Asian macro offering similar to the strategy he and his team has run at Credit Suisse for five years.

Chan has spent a quarter century at Credit Suisse, rising to head of its foreign exchange desk. He and four members of his team are set to leave the bank for the new hedge fund, according to Hedge Fund Intelligence. Credit Suisse will serve as the new firm’s prime broker, but it is not clear whether the bank will seed the fund.

Charlie Chan Capital will be based in Singapore.

Chan is in talks with seeding firms in the U.S. and Europe, Bloomberg News reports. The firm will charge 2% for management and 20% for performance.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...