Ex-Ziff Hong Kong Head Readies New Hedge Fund

Feb 20 2014 | 11:21am ET

Ziff Brothers Investments' former Asia head is set to launch his own hedge fund, backed by the family office.

Gregard Heje has founded Kontiki Capital Management in Hong Kong, Bloomberg News reports. The new firm will feature most of Ziff Brothers' former employees in that city, with Ziff Brothers itself serving as an anchor investor.

Heje's firm is the latest hedge fund to emerge from Ziff Brothers, which seeded Och-Ziff Capital Management 20 years ago and last year shuttered its in-house U.S. hedge fund business, spurring a number of its former managers to launch their own funds. The family office's bases in Hong Kong and Switzerland were also closed.

Kontiki will employ a fundamental long/short strategy. The firm is expected to begin trading as soon as the second quarter, with about a dozen staffers.

Heje joined Ziff Brothers' London office in 2005. He opened the family office's Hong Kong base four years ago.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...