Saturday, 28 November 2015
Last updated 6 hours ago
Sep 14 2011 | 1:13pm ET
Less than four months after its launch, Azentus Capital Management is a US$2 billion hedge fund.
The Hong Kong-based firm, founded by former Goldman Sachs proprietary trader Morgan Sze, crossed the milestone on Aug. 1, HFMWeek reports. Azentus' maiden Global Opportunities Fund is now closed to new investment.
The fund, which has been soft-closed since its debut on April 1, launched with just over US$1 billion in assets. It managed US$2.03 billion as of the end of August.
Azentus, an Asia-focused multi-strategy fund and one of the most-watched hedge fund launches of the year, returned 0.43% last month, avoiding the big hit taken by many hedge funds during the industry's worst month in almost three years.
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…