Indian equity specialist Raj Mishra is shutting down his
more than eight year old long/short equity focused fund to
concentrate on running a long-only fund that he is looking to
grow to a capacity of $500 million in assets.
Mishra is pushing for the closure of the Indea Absolute
Return Fund after becoming sufficiently convinced that an
existing long-only fund that he also manages will generate a
He has asked existing investors in the long/short fund to
transfer their exposure to the long-only fund. It is understood
that starting in July, he will only devote...