Goldman Vets' Japan-Focused Hedge Fund Debuts

Jan 21 2014 | 12:25pm ET

A hedge fund helmed by a trio of former Goldman Sachs bankers has launched its Japan-focused maiden offering.

Golvis Investment rolled out its maiden hedge fund earlier this month with employee capital, Bloomberg News reports. Early returns are good, with the Asia Opportunity Fund up almost 2% through mid-January.

The firm plans to open the fund to outside investors during the first quarter.

Singapore-based Golvis was founded last year by Koji Gotoda, Takayuki Kasama and Taiichi Hoshino, Goldman vets all. Gotoda was head of Asian convertible bond trading at the bank, Kasama co-head of Japanese credit trading and Hoshino a managing director focused on fund structuring and marketing in Tokyo.

Golvis now employs 12 people, including five in the Japanese capital. All of them worked at Goldman under Gotoda and Kasama.

Golvis invests across asset classes, setting it apart from most Japan-focused hedge funds, which invest primarily in stocks.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...