Jakarta Globe – Former Nomura Holdings trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Japan’s largest investment bank, expanding the list of high-profile start-ups this year.
Nomura will match the amount that Fuchs’ firm, BFAM Partners (Hong Kong), raises up to $200 million. The fund aims to raise $400-500 million, including Nomura’s matching amount, at the initial stage, said James Singh, the hedge fund’s chief operating officer.
