Bloomberg – LionRock Capital Pte, run by a founding partner of TPG-Axon Capital Management LP, will stop seeking outside investors for its hedge fund that will focus on managing the partners’ money.
“I can confirm that LionRock will no longer be accepting external investors and will instead only manage the capital provided by the partners,” Hari Kumar, who started Singapore- based LionRock in 2009, said in a e-mailed reply to queries from Bloomberg News.