Bloomberg – Charlie Chan, a former Credit Suisse Group AG proprietary trader, plans to set up an Asia-focused macro hedge fund in the first quarter of next year, said three people with knowledge of the matter.
Singapore-based Chan, who was the head of foreign exchange strategic trading at Credit Suisse, is in talks with seeding firms in the U.S. and Europe for funds, the people said, asking not to be identified as the information is private. They declined to say if Credit Suisse, which is his prime broker, will invest in the fund as details about his clients are confidential. Chan will put his own money into the fund, they said.
