Sunday, 24 July 2016
Last updated 1 day ago
Oct 17 2013 | 3:07pm ET
After more than a year of planning, a Chinese private-equity firm is set to roll out its first hedge fund.
Saif Partners will launch the SPQ Asia Opportunities Fund next month, AsianInvestor reports. The fund will focus on large-cap companies with major exposure to China, as well as "market leaders" in other regions.
As with many other planned hedge funds, Saif has found fundraising slow and difficult. The firm hopes to raise some US$500 million for the strategy, which it has been running with internal capital while waiting on a seed investor.
The fund is run by Brandon Lin, a Saif partner based in Beijing.