Signet Seeks 'Collaboration' As Asia Head Departs

Aug 13 2012 | 12:36pm ET

Signet Capital Management may be looking for a merger partner after its Asian head left the firm earlier this summer.

Signet, a US$1.4 billion fund of hedge funds, has held talks about a tie-up with two firms since François Hora quit in June, Asian Investor reports. "We are currently in discussions with two other financial firms with regards to possible collaboration and both of these situations would result in Signet growing the Hong Kong office again by year-end."

Hora left Signet to join Complus Asset Management, the hedge fund founded by former Fortress Investment Group Asia chief Stanley Ku. At Complus, Hora will serve as head of business development.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of