Tokyo-Based Firm Markets Japan-Focused Funds To U.S., European Investors

Ed Rogers, founder of Rogers Investment Advisors, is currently advising two hedge funds: Wolver Hill Japan Multi-Strategy Fund I and Fund II, for U.S. investors and non-U.S. investors, respectively. The Cayman Islands-domiciled funds, which began trading last month with some $4.5 million in assets, are expected to reach $6 million by the end of this month, according to Rogers.

Rogers, who is based in Japan, is working with New York-based Wolver Hill Asset Management to raise $500 million for the funds.