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
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%...