Sunday, 21 September 2014
Last updated 1 day ago
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.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.