Tuesday, January 25, 2011

Robertson’s Tiger Management seeds Nezu Asia Capital with $50 million

Julian Robertson’s well-respected investment group Tiger Management has recently invested $50 million in Nezu Asia Capital, a hedge fund manager that oversees six funds with $400 million in assets under management. According to Reuters, Tiger Management has seeded Nezu’s long/short equity focused Nezu Asia Fund and its short-biased equity Nezu Kuma Fund, which is focused on Japan.

Nezu Asia and Robertson hope to double the fund manager’s assets to $800 million by the end of this year. Former Tiger employee David Snoddy and Sohei Taki have been named the hedge fund's portfolio managers and will work out of Tiger Management’s New York offices. Nezu Asia is based in Hong Kong.

Tiger Management
Nezu Asia Capital Management

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