Wednesday, 5 August 2015
Last updated 12 hours ago
Apr 29 2008 | 11:05am ET
Singapore-based HANRiver Capital will offer its debut hedge fund in July, seeking to take advantage of market volatility in Korea.
The nascent firm’s long/short offering will invest exclusively in Korean equities, according to Asian Investor. The firm expects to raise US$30 million at launch, increasing its size to US$50 million within a year. It will charge a 2% management and a 20% performance fee.
About half of the new fund’s investors are expected to be Korean pension funds, while the other half will be foreign investors.
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…