Friday, 22 May 2015
Last updated 4 hours ago
Jun 15 2011 | 11:41am ET
A DKR Oasis Management veteran will return to managing client money later this summer.
Seth Fischer, the former chief investment officer of the $3.3 billion DKR Soundshore Oasis Fund, hopes to raise up to US$1 billion for his new fund, which has already more than doubled the internal capital it's managed for more than a year.
Fischer's Oasis Investments, based in Hong Kong, is ready for the cash influx, with a staff of 25, Reuters reports.
Oasis Investments Master Fund II has a lot in common with Soundshore, an Asia-heavy market-neutral, multi-strategy vehicle. The fund has posted an annualized return of 100% over the past 14 months.
The similarities (not to mention the returns) has one source predicting to Reuters, "many of the original DKR Soundshore investors will return to Seth."
Fischer joined DKR Oasis in 2002, after seven years as a portfolio manager in Asia for Highbridge Capital Management.
Oasis has named Credit Suisse, Deutsche Bank and Goldman Sachs its prime brokers, and Omnium its fund administrator.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…