Tuesday, 28 April 2015
Last updated 1 hour ago
May 30 2008 | 7:57am ET
Asian hedge fund seeder Asia Alternative Asset Partners is about to fund its third emerging manager this year.
The firm will invest in KS Asset Management, which will launch the KS Asia Long/Short Fund, a Korean focused hedge fund, on Sept. 1 with some US$ 40 million in assets.
The KS Fund will be managed by Kyle Shin, formerly the head of Kingdon Capital Korea, and a member of the Kingdon Capital Asia team. Shin employs fundamental and technical analysis to source and identify entry/exit points for the fund’s investments.
“We are delighted to be in business with Kyle who has an outstanding record in Asian stock picking and has an extensive local network with access to company executives and decision makers who are influential in the future economic landscape of Asia,” said Hans Tiedemann, chairman of Triple A Partners.
Triple A previously seeded the 360 Japan Long Short Fund and the Jadeite Capital Asia Pacific Absolute Return Fund.
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…