Friday, 22 August 2014
Last updated 1 hour 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.
Aug 4 2014 | 7:42am ET
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The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note