Bloomberg – Trivest Advisors Ltd., led by former State Street Global Advisors Inc. fund manager Wu Huimin, raised $93 million for its first hedge fund, said three people with knowledge of the matter.
The equity long-short fund, run by Wu and Xue Lan, former Citigroup Inc. head of China research, started trading on July 1 and will invest in Chinese stocks, said the people who declined to be identified because the information is private.
