Thursday, 25 December 2014
Last updated 22 hours ago
May 16 2011 | 12:44pm ET
New York’s Pulse Capital Partners has joined forces with Hong Kong’s Ardon Capital to launch a new Asia-focused event-driven fund.
The cooperation with Ardon is par for the course for Pulse, founded earlier this year by Thomas Middelhoff, Gary S. Long and Ibrahim Gharghour, which identifies and partners with hedge fund managers to help them expand their businesses.
Ardon was founded Frank Dominick and Charles Woo in 2010. Together, the two have 28 years’ experience in Asian investment. Woo told the International Business Times: “We have worked and lived in Hong Kong, Tokyo, Singapore and Seoul since 1995 and have developed the ability to directly source deal opportunities, something we believe is critical to successful investing in Asian events.”
The new fund will be launched in July using a comingled managed account structure. It will focus on Hong Kong/China, Taiwan, Japan, Korea, Singapore and Australia—markets Dominick says offer greater alpha potential than other global markets “due to structural inefficiencies.”
Dominick and Woo will lead a five-person investment team in Hong Kong.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.