Saturday, 23 May 2015
Last updated 12 hours ago
Mar 4 2008 | 10:11am ET
Hong Kong-based hedge fund seeder Asia Alternative Asset Partners has made its first investment, seeding the 360 Japan Long Short Fund with an initial US$10 million.
360 is a Japanese equity hedge fund run by John Aylott of 360 Asset Management. The fund, which Aylott will manage from London, launched today.
Aylott said Triple A’s marketing offices in London, Los Angeles and Hong Kong will enable his firm to reach investors globally as he looks to build the fund’s assets up to US$50 million by the end of 2008. Aylott said he expects the fund’s volatility to be considerably less than the underlying market and he will be running a concentrated portfolio of positions, which will be managed in real-time during Japanese market hours.
“The strategy is completely agnostic to market direction,” he said.
Paul Smith, CEO of Triple A Partners, said Aylott is the first of five to six managers which Triple A will partner with this year and he expects to announce another deal within the next few weeks.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…