Bedwick Teams With Ex-Goldman Macro Trader For New Hedge Fund

Feb 10 2014 | 12:42pm ET

Sequence Asset Management founder Allan Bedwick is not returning to the hedge fund industry alone.

Bedwick will launch his planned Asia macro fund with former Goldman Sachs executive Leland Lim, Reuters reports. The new, as-yet-unnamed firm plans to roll out its maiden offering in the third quarter.

Adding Lim, who was co-head of Asia-Pacific ex-Japan macro trading at Goldman prior to his retirement last month, means Bedwick, who left Noble Group in December, will take on a new role, focusing on the new firm's operations while Lim handles its investments. Bedwick formerly managed—with great success—Sequence, which he closed in 2012, citing fundraising difficulties.

That should be less of a problem two years later: Investors are flocking to Asian hedge funds, after the industry's strongest returns in five years in 2013.

Bedwick and Lim's firm will be based in Hong Kong. The two have yet to register the business with that city's regulators.

It is unclear how much the new firm seeks to raise by inception, Reuters reports.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of