Huttenlocher, Ex-Highbridge Asia Chief, Nets US$900M

Mar 15 2012 | 2:42am ET

It hasn't taken Carl Huttenlocher long to make his new hedge fund nearly as large as his old one.

The former Highbridge Capital Management Asia head has raised US$900 million for his Myriad Asset Management, Bloomberg News reports. The Hong Kong-based hedge fund launched at the beginning of December with US$340 million.

Huttenlocher has previously said he hopes to raise US$2 billion for Myriad before closing it to new investment by the middle of the year.

Myriad Opportunities Master Fund returned about 3% in its first three months.

Huttenlocher managed US$1.4 billion at Highbridge. That firm liquidated his Asia Opportunities Fund after Huttenlocher resigned last March.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note