Steve Howell, legendary Asian credit specialist and former
co-founder of Basis Capital, has set up HCAP Asset Management
in Sydney with plans to roll out an Asian multi-strategy fund
in the second quarter of 2009. The HCAP Diversified Fund will
have a flexible alpha-seeking mandate and focus on a broad
spectrum of asset classes, particularly in fixed income,
credit, rates, hybrids as well as equities and their
derivatives. The strategy has the capability to grow in...