Sail Advisors Unveils Focused Fund Of Hedge Funds

Jan 29 2008 | 7:39am ET

Asia’s largest fund of hedge funds platform has launched a new, more focused Asia vehicle with a target of US$300 million.

Sail Advisors unveiled its Sail Asia Focus Fund this month with US$30 million in seed capital, Asian Investor reports. It aims to provide higher returns that its predecessor fund of funds, the Sail Pacific Explorer Fund, with a more concentrated portfolio and greater flexibility to invest in emerging hedge fund managers.

Asia Focus will be managed by Chief Investment Officer Eliza Lau, Denise Hu and Kamni Bharwani. Investing in between 12 and 15 underlying managers, the fund is targeting a return of Libor plus 10%, with a maximum of 1.5-times leverage.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of