Saturday, 27 December 2014
Last updated 2 days ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.