Sunday, 26 March 2017
Last updated 1 day ago
Feb 11 2011 | 8:17am ET
Amoeba Capital Partners founder Ashutosh Sinha is returning from whence he came.
Sinha has agreed to become a managing director and senior portfolio manager at Morgan Stanley Investment Management. Before leaving the firm in 2006 to found his hedge fund, Sinha headed Asian investments for MSIM.
Sinha set up Amoeba in 2006, only to pull the plug in October. He blamed a "tough" fundraising environment for smaller hedge funds; Singapore-based Amoeba has seen its assets drop from a high of US$750 million to just US$135 million.
Sinha's return to MSIM was announced in an internal note, seen by Fundamentals. He will report to head of global emerging markets equity Ruchir Sharma during his second go-around with the firm.