How To Raise The Cash

Sat Sep 1, 2001

Raising capital in Asia is a tough business, but is by no means impossible, requiring patience or the help of a 'seed' investor

Think of the least likely hedge fund profile to appeal to the seasoned investor and you think of a long-only Asian manager with no backer and limited resources. That at least is what the Asian sceptics would have you believe. In fact, although raising money for an Asian start-up is difficult, it is not impossible.

The secret is recognising that it takes a little longer to reach critical mass in Asia than it does in Europe or the US. The chances are that an Asian start-up - whether it has institutional backing or not - will struggle to raise money in the early stages.

Most of the successful managers in the region struggled at first. Boyer Allan started with $4 million in November 1998 before surging over $600 million a year later. The pattern has been repeated to a lesser extent by the recent crop of managers.

When the money fails to...


The full contents of this article are available to active AsiaHedge subscribers and trialists only.

To continue reading please,
take a free trial or subscribe to AsiaHedge.


Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now