Saturday, 4 July 2015
Last updated 22 hours ago
Nov 2 2007 | 11:16am ET
Suranya Capital Partners, a Stamford, Conn.-based global macro shop, has opened its maiden hedge fund, Suranya Global Opportunity Fund, to outside investors. The fund launched with $30 million in proprietary and seed capital.
The fund, founded by Tiger Management alumna Anu Murgai, will invest two-thirds of its assets in developed markets and one-third in emerging markets trading fixed-income, foreign exchange, commodities and equities.
“We look at central bank policies trading the short end of the fixed-income curve and some foreign exchange around that, more directional moves where we think there is going to be a policy shift or a political event that will play out over a period of time, and short-term events around a country’s election cycle,” a source close to the firm said.
Murgai, a former managing director at Shumway Capital Partners, a long/short equity hedge fund with $3.5 billion in assets under management, is the fund’s portfolio manager. Previously, she worked at JPMorgan and Ulysses Partners, in addition to Tiger.
The Suranya Global Opportunity Fund charges a 2% management fee and a 20% incentive fee with a $1 million minimum investment requirement.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…