Gottex-Penjing deal creates major allocator in Asia
Thu May 17, 2012
Swiss alternative investment firm Gottex Fund Management is
acquiring Hong Kong-based fund of hedge funds Penjing Asset
Management - a move that will create one of the more
significant fund of hedge funds players in the region.
The $434 million in assets under management at Penjing will
boost Gottex’s allocation to Asian hedge funds to
about $800 million. Gottex itself manages at least $7.6 billion
ISSN: 2151-1845 / CDC10004H
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