Ziff Vet Liow Launches Hedge Fund With $870M

Feb 20 2014 | 1:02pm ET

Yen Liow, a former sector head at Ziff Brothers' hedge fund, has raised $870 million for his long/short equity hedge fund.

Liow launched on and offshore versions of the Aravt Global fund in February, according to regulatory filings.

The launch has been much anticipated since Ziff Brothers announced late last year it would wind up its hedge fund operation to seed new funds; a decision prompted by the impending 2015 retirement of the hedge fund's head, Ian McKinnon.

It is not known whether Ziff seeded Aravt.

Ziff alumni Kenneth Wong and Rameez Saleh have joined Liow at Aravt, as has Wall Street Journal vet Jim Oberman, who has taken a research position with the new fund.

Aravt Global carries a minimum investment of $25 million.

Reached by FINalternatives, an Aravt spokesman declined to comment on the new fund.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of