Wednesday, 17 December 2014
Last updated 11 hours 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.
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.