Saturday, 28 November 2015
Last updated 22 hours ago
Sep 2 2011 | 9:40am ET
The former co-CEO of a hedge fund set up by Singapore's sovereign wealth fund has joined a private equity firm backed by the same.
Charles Ong will lead RRJ Capital with his brother, Richard. Richard Ong founded RRJ earlier this year after his China-focused p.e. firm Hopu Investment Management shut down. The new firm has raised about US$2 billion.
Charles Ong will remain a senior managing director for special projects at Temasek Holdings, where he has worked since 2002, the sovereign fund said. He stepped down as co-CEO of Temasek's US$2.9 billion Seatown Holdings hedge fund earlier this year.
Charles Ong worked at Lazard Freres & Co. and Deutsche Bank before joining Temasek; his brother worked at Goldman Sachs.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…