Sunday, 21 September 2014
Last updated 1 day ago
May 27 2011 | 12:33pm ET
Tiger Asia Management veteran Hugh Kim has lined up about $30 million in seed capital for his new hedge fund.
Kim is still meeting with potential investors, including at a Morgan Stanley capital introduction conference in Beijing this week, Reuters reports. His New York-based Greyson Capital Management is expected to launch its maiden hedge fund in the third quarter.
Kim's sessions at the Morgan Stanley conference were well-attended, according to Reuters, although his New York base—at a time when Western hedge funds are racing to establish Asia bases—and his high gross exposure worry some potential clients.
Greyson will employ an Asia-focused long/short equity strategy.
Kim left Tiger Asia in March after almost five years with the firm. He formerly worked at private equity firm Fenway Partners and at McKinsey & Co.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.