Japan-focused 'Tiger Cub' Nezu Kuma Gains 10% In March

Apr 8 2011 | 12:44pm ET

The $25 million Japan-focused Nezu Kuma fund, seeded by hedge fund legend Julian Robertson, gained a net 10% in March.

The March gains helped erase the fund’s January/February losses and put it up 6.2% for the quarter, Nezu Asia CIO Richard Kincaid told Reuters.

Kincaid said another Japan-focused hedge fund managed by the firm was up 6.6% in March and 12.5% in the first quarter.

Robertson’s Tiger Management seeded two Nezu Asia funds with $50 million in January.

"The funds have done well recently through a combination of strong risk management and our ability to quickly leverage fundamental company knowledge to take advantage of mispricings kicked up by volatile market conditions," Kosuke Ikeda, the firm's New York-based director of marketing, told Reuters.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…