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

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...