Kapstream Capital launches Asian bond fund

Mon Jul 25, 2011

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Steve Goldman
Kumar Palghat
Sydney-based Kapstream Capital, which has ex-PIMCO talents as its key operatives, is launching a Cayman-registered Asian bond fund in early August after securing $50 million seed capital from a direct investor outside of Asia.

The Asian bond strategy kicked off as a segregated mandate last week and the Cayman vehicle is expected to launch in early August. The group runs an unlevered absolute return...

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