Asia Ex-Japan Specialist To Move To Singapore, Launch India Fund

Jan 20 2011 | 3:04am ET

Equanum Capital Management is launching an India-focused hedge fund—and will pick up sticks to be a little closer to the companies it plans to invest in.

Firm founder Kalpesh Kapadia, who is currently based in Palo Alto, Calif., will move to Singapore. Equanum already has a pair of analysts in Asia.

Kapadia is moving across the Pacific to raise a long-biased hedge fund that will invest in the subcontinent. Equanum, which manages an Asia ex-Japan fund, hopes to garner about US$50 million for the fund, which it plans to launch in the second quarter.

Kapadia told Bloomberg News that the new fund will have a “disciplined private-equity-like approach” with about 10 core long positions.

“Right now India is rocky,” he said. “It’s a good time to invest if you have conviction.”

Kapadia said he picked Singapore for its “strategic location, infrastructure and ease of doing business.”


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR