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Hedge fund manager seeks to grow as other funds stumble

Chris Rokos plans to reopen his fund to investors early this year, say sources, and is looking to raise more than US$2 billion

A DECADE ago, hedge fund manager Chris Rokos bought two tired hotels in the fashionable Notting Hill neighbourhood here. His ambition was to turn them into one huge house with a subterranean pool, a gym and a garage with a car lift.

Today, the hotels are in disarray on a jumbled building site. A large, cream-coloured construction fence and a white plastic cover encircle the properties, revealing from the outside big Victorian houses with scaffolding protruding from the top, a patch of brickwork at the rear and an unfinished staircase inside.

In the last year, Mr Rokos has moved on. He jettisoned his plans for a dream house and sold the properties more than a year ago for £17.25 million (S$30 million)....

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