Tiger Asia Vet Become Latest Tiger Grand-Cub

Jun 24 2014 | 10:16am ET

A former Tiger Asia Management analyst is set to launch his own hedge fund next month, with backing from his former boss’ mentor.

Richard Kang’s eponymous firm, Kang Global Investors, will debut at the beginning of July with up to $50 million in seed money from Tiger Management. Tiger Global, which shut down in 2012 in the wake of an insider-trading scandal, was also backed by Tiger, where founder Bill Hwang worked under Tiger chief Julian Robertson.

Kang was an analyst at Tiger Asia, and his new firm is expected to focus on the same region, The Wall Street Journal reports.

In exchange for Tiger’s backing, that firm will receive about 20% of Kang Global’s fees in perpetuity. 


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

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

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of