Firm backed by Alibaba founders in talks to seed new hedge fund
Hong Kong
BLUE Pool Capital, which invests billions of dollars for wealthy clients including two top Alibaba Group Holding Ltd executives, is in advanced talks to back a new hedge fund that's being planned by a former Asia head of Balyasny Asset Management, according to people with knowledge of the matter.
Avinash Abraham, who left Balyasny earlier this year, plans to start a pan-Asia hedge fund in November through his firm Torq Capital Management (HK), said the people who asked not to be id…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Abu Dhabi returns to debt market with new US dollar bond
Ping An profit falls as market declines hurt investment returns
BOJ will hike rates if trend inflation accelerates, says Ueda
Binance’s rivals muscle in on Bitcoin trading around the world
Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC