Nomura Holding’s Benjamin Fuchs to Launch Hedge Fund in Hong Kong

July 17, 2011 James Heinsman Hedge Fund News

According to anonymous sources, Benjamin Fuchs of Nomura Holdings Inc.’s Global Opportunities Group has plans to launch his own hedge fund in Hong Kong with a target of at least $400 million. According to a marketing document witnesses by Bloomberg, Nomura may be backing the “commingled” fund with $200 million.

BAF

The new fund will be called BAF Fund; the hedge fund executive’s initials. It will be launched later this year, and will already have a staff of 24 employees, 13 of which will be investment professionals. Rumor has it that Nomura will give BAF a working capital loan.

Asia Investments, BAF, Benjamin Fuchs, Hedge Funds, Hong Kong,

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