Goldman Launches Asia Hedge Fund

Sep 19 2013 | 12:42am ET

Goldman Sachs' in-house hedge fund has unveiled a new Asia vehicle.

Oryza Capital launched earlier this month, Bloomberg News reports. The new fund is led by Goldman Sachs Investment Partners' Asia co-heads, Hideki Kinuhata and Ryan Thall.

Oryza is an opportunistic long/short equity fund, which invests throughout Asia, including Australia and Japan. Kinuhata is based in Tokyo, while Thall works out of Hong Kong—where he'll pitch the new fund to potential investors at a Morgan Stanley event next month.

The two currently manage more than US$1 billion in Asian investment for GSIP's global hedge fund, and will continue to do so. Their portfolio has enjoyed annualized returns in the low teens, according to Bloomberg.

Goldman set up GSIP within its Asset Management unit in 2008. The group is led by former proprietary trading chief Ranaan Agus and was designed to allow Goldman to hold on to top trading talent while coming into compliance with the Volcker rule's limits on bank investments in hedge funds.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR