EIM, Daiwa To Create Hedge Funds For Japanese Market

Oct 9 2007 | 2:32pm ET

Hedge fund shop EIM Management USA has formed a strategic partnership with fund research group Daiwa Fund Consulting. 

Under the partnership agreement, EIM USA and Daiwa will develop a series of diversified fund of hedge funds products to be introduced later this year to the Japanese marketplace. Terms of the partnership agreement were not disclosed.

According to both firms, the move is an effort to meet the growing domestic demand for hedge fund investments in Japan.

“In my numerous meetings with Japanese investors, it is clear that they are looking for a broader array of investment opportunities,” said Antonio Muñoz, CEO of EIM USA.

New York-based EIM USA, an affiliate of the EIM group of funds, manages over $1 billion for sophisticated institutional investors and family offices. EIM itself now has over $12 billion in assets under management.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR