Sunday, 28 December 2014
Last updated 3 days ago
Jul 8 2011 | 12:40pm ET
Investors can't get enough of former Goldman Sachs proprietary trader Morgan Sze's Azentus Capital Management. But those with a bigger appetite for the Hong Kong-based hedge fund had better pony up quickly.
Azentus, which launched on April 1 with just over US$1 billion in assets under management, now has more than US$1.9 billion in assets. And the firm plans to close the fund to new investment at US$2 billion, Bloomberg News reports.
Azentus, an Asia-focused multi-strategy fund, has been soft-closed since its debut.
The firm hasn't officially disclosed its June numbers yet—most of its peers took it on the chin last month—but Bloomberg's sources say its returns have been "flattish."
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.