Monday, 30 November 2015
Last updated 2 days ago
Oct 29 2012 | 1:45pm ET
Hedge fund Dymon Asia Capital is expanding into private equity with the help of Singapore's sovereign-wealth fund.
Dymon plans to raise S$300 million (US$246 million) for its Dymon Asia Private Equity, the firm's managing partner, Keith Tan, told clients last month. One-third of that money will come from Heliconia Capital Management, a subsidiary of Temasek Holdings.
In the e-mail to clients, obtained by Reuters, Tan wrote that the new fund will invest in both private and listed companies, focusing on small- and medium-sized businesses with revenues of between S$25 million and S$500 million.
Dymon currently has US$2.5 billion in hedge fund assets.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…