Dec 9 2013 | 12:48pm ET
Perry Capital's former Asia chief has achieved the largest hedge fund launch of the year in the region, netting more than US$1 billion for his second fund.
Hong Kong-based Asia Research & Capital Management's existing investors—who number a mere 15 to 20—pledged the full US$1.1 billion raised for the firm's Fund II. Barring a larger launch in the next three weeks, Alp Ercil's ARCM will house the largest Asia launches of both 2012 and 2013; the firm closed its first fund last summer with US$940 million.
Mar 10 2014 | 11:33am ET