Former Azentus Manager Launching Asian Hedge Fund

August 18, 2015 Debbie Jacobs Hedge Fund News

The view of Central, Hong Kong from a boat just off of the new Queen's Pier number 9. Photo credit: Hankt

The view of Central, Hong Kong from a boat just off of the new Queen’s Pier number 9. Photo credit: Hankt

The chief investment officer, Michael Garrow, of the HS Group, a Hong Kong-based investment management firm, announced that Mohan Rajasooria will be launching a new hedge fund, Zaaba Capital.

Rajasooria left Morgan Sze’s Azentus Capital Management earlier this year, and hopes to open is new fund with a minimum of $250 million from institutional clients, founding partners of Zaaba, in addition to the HS Group.

Zaaba will also be based in Hong Kong, and plans to invest in equities, convertible bonds and corporate credit in the Asian marketplace. Garrow added that the hedge fund will be free to take large amounts of capital outside the usual Asian hedge fund key countries such as Japan, Korea and China.

“A lot of the pan-Asia funds are de facto northeast Asian funds,” said Garrow. “It’s pretty slim pickings in terms of funds that really address Asia outside northeast Asia. The intention is really to capture the major opportunity sets around the region.”

Asia, Azentus Capital, Hedge Funds, HS Group, Michael Garrow,

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