Friday, 29 May 2015
Last updated 12 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…