Artradis Vet Diggle Launches New Singapore-based Fund Manager

May 3 2011 | 8:56am ET

Artradis Fund Management co-founder Stephen Diggle has launched Vulpes Investment Management, a Singapore-based fund manager seeded with US$200 million from its founding partners.

The new company’s products include the Russian Opportunities Fund, the Testudo Fund (described as an “endowment-style, unconstrained, long-term growth fund”) and the LAVA volatility fund.

Artradis was Singapore’s largest hedge fund manager with assets that peaked at US$4.9 billion. Diggle has brought 10 former Artradis people with him to the new firm, which has a total head count of 14 in offices in Singapore and Geneva.

Bert Verdicchio is Vulpes’ chief risk officer, Steve Lukow is chief operating officer and legal counsel and Grant Williams is a consulting portfolio advisers. All three have been involved in Asian financial markets since the ‘80s.

“The range of products Vulpes will offer mirrors my own personal portfolio,” said Diggle. “The proposition of the Vulpes Funds is one of co-investment and focus on returns we seek for ourselves. We have seeded both the capital and the expertise of each of the products we’re launching. We have launched our new long Asian volatility fund on May 1 and we’re very positive right now as volatility prices are hitting four-year lows.”

 


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note