Tuesday, 2 September 2014
Last updated 3 min ago
Jan 16 2008 | 11:19am ET
Hong Kong-based Adept Capital Partners has launched an early-stage Asia fund of hedge funds with a target of US$150 million.
The Early Stage Asia Fund is targeting an annualized, risk-adjusted return of between 15% and 20%, and will invest in up to 20 Asia-focused hedge funds, which have been operating for three years or less with assets under management of no more than US$250 million. It will be managed by Tony Smith, the firm’s chief investment officer, who was previously responsible for managing an early stage fund of hedge funds at KE Absolute.
"Asian markets are increasingly attractive for investors seeking absolute returns, with growing liquidity and sophistication. Yet they are still relatively immature and present good opportunities for absolute investment strategies,” said CEO Eleni Istavridis. “Our fund offers the best of both worlds—access to dynamic young managers and to Asia, the world's most compelling growth story."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...