Centaurus To Open Asia Office

Jun 19 2007 | 1:54pm ET

Centaurus Capital is joining the flood of hedge funds opening or expanding their Asian operations.

The London-based activist fund will open an office in Singapore or Hong Kong within the next 12 months, it told Reuters. Randy Freeman, managing director of the $4.5 billion fund, compared the situation in Asia with that of Europe during the 1990s. “We see Asia as the next interesting area,” he said.

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