Paris-based hedge fund seeder NewAlpha Asset Management and
its partner Singapore-based Woori Absolute Partners (WAP) are
gearing up to establish a $200 million seeding vehicle for
start-up hedge funds in the region.
Both companies announced their partnership last week, saying
they will invest in emerging managers and source investing
capital from European and Asian institutions.
The East-West alliance was struck just a few weeks after an
announcement that both...