Tuesday, 27 January 2015
Last updated 10 hours ago
Oct 12 2011 | 1:19pm ET
Get ready for another cub of a Tiger Cub.
John Jahng, formerly of Tiger Asia Management, is set to launch a hedge fund of his own. Jahng's Extolia Management should launch with about US$50 million in commitments from between 10 and 20 investors, HFMWeek reports.
Extolia will invest in Asia, focusing on China, Japan and Korea. It will have between 30 and 60 positions.
Jahng's new fund will follow that of another Tiger Asia veteran, Hugh Kim, who raised $30 million for his Greyson Capital Management earlier this year.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…