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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...