Millenium Execs Plan $1.4B Asian Hedge Fund Launch

Aug 22 2013 | 12:39pm ET

Two top Millennium Management executives are planning Asia's largest-ever hedge fund launch—with some help from their current employer.

Feng Guo, a Millenium portfolio manager, and Michael Robinson, the firm's Asia regional manager, will launch Hong Kong-based Symmetry Investment Management in Q1 2014, reports Reuters, citing people with knowledge of the plan.

The fixed-income shop will launch with an estimated $1.4 billion -- $1.2 billion of which is expected to come from Millenium, the other $200 million from external investors.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note