Monday, 24 October 2016
Last updated 2 days ago
Oct 15 2012 | 9:05am ET
China's SAIF Partners is poised to become the first major Chinese private equity firm to try its hand at hedge funds.
The $4 billion firm headed by former World Bank economist Andrew Yan plans to launch the SAIF Partners Greater China Fund, a long/short equity fund. Reuters, which has seen marketing materials for the new fund, said there is no mention of a launch date or start-up capital.
Former Credit Suisse executive Brandon Lin, who joined SAIF in 2001 and is a partner, is listed in the marketing documents. Oliver Liang Zeng, a Boyer Allan vet, has joined SAIF as an assistant portfolio manager.