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WestLB Vets Prep Global Macro Hedge Fund
December 5, 2008
Hong Kong-based Tai Tam Capital, founded by former WestLB bankers, is prepping an Asia-focused hedge fund to be launched in the first quarter of next year.
The firm reportedly plans to raise $100 million initially for a global macro hedge fund to trade stocks, bonds, currencies and commodities. Tai Tam’s new fund will have a minimum 50% allocation to Asia and Australia, and the rest will be invested in G-7 countries.
Tai Tam, which in Chinese means “big pool,” was founded in 2007 by Wen Shiau and Jun-Tsiang Lam, previously co-heads of capital markets for Asia-Pacific at West LB.
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