Tuesday, 24 May 2016
Last updated 25 min ago
Jan 13 2012 | 1:08am ET
Senrigan Capital Group wasn’t spared a difficult 2011 for hedge funds, especially in its home region of Asia.
The Hong Kong-based firm’s flagship lost 8.5% last year, Bloomberg News reports. The US$1 billion fund returned 6% in 2010.
The event-driven fund launched with US$220 million in November 2009, backed by the Blackstone Group. The firm was founded by former Citadel Investment Group Asia principal Nick Taylor. The fund hit the US$1 billion asset mark early last year.