Evenstar prides itself on handling volatile markets, and its Sub Fund I Segregated Portfolio proves it's got the brawn to stay the distance, even in exceptional market conditions
Although the fund management industry is divided into distinct universes - long-only, hedge fund and private equity, for example - at an individual fund level the lines between such categories are not always so clear.
In the case of Hong Kong-based Evenstar Advisors, the best features from the world of private equity have been successfully integrated into a hedge fund, aimed at giving investors an opportunity to have the best of both worlds.
The Evenstar Sub Fund I Segregated Portfolio fund invests across Asia, although it focuses on Greater China at the moment, and uses structured private investments in public equities (PIPE's) together with convertible arbitrage to generate returns. Winner of the 2009 AsiaHedge Award in the Event Driven category, the fund gained 12.3%...