Reuters – Goldman Sachs Investment Partners and Cong Li, the former chief investment officer of Mirae Asset Global Investment (Hong Kong), are preparing to start separate Asian hedge funds as fund launches gather pace in the second half of the year in the region.
Goldman is raising money for Oryza Capital, an Asia-focused long/short equities hedge fund it set up this month, according to a document seen by Reuters. The fund has initial capital of $80 million, the document showed.
