Tuesday, 4 August 2015
Last updated 10 min ago
Jan 24 2014 | 1:32pm ET
Sequence Asset Management founder Allan Bedwick is returning with a new Asia-focused hedge fund later this year.
Bedwick has left Noble Group, where he's served as head of macro trading since closing Sequence in 2012. His new Hong Kong-based hedge fund will be up and running in the second or third quarter, Reuters reports.
Bedwick was head of global macro proprietary trading at Lehman Brothers before launching a hedge fund with OGI Capital Partners in 2009. After moving that fund to his own shop, Sequence, he shut it down, citing a failure to raise enough money.
But with hedge fund investors pouring capital into Asia, Bedwick apparently suspects that fundraising will not be so big a problem this time around.
The new fund will feature a partner with management responsibilities alongside Bedwick. It is unclear who that partner is, according to Reuters.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…