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
When the money fails to...
ISSN: 2151-1845 / CDC10004H
By registering you will receive
- A monthly newsletter on your specified areas of interest
- A fortnightly update on the sector
Take a trial today and access
- Performance news, fund launches, regulation changes and people moves
- Profiles of fund managers, investors and distributors
- Live league tables
- Investor mandates
Start your subscription today!
- Access our news and performance data online from anywhere
- Receive weekly emails with the latest news and performance data
- Free copies of the bi-annual Global Review inc. the Billion Dollar Club
- 24/7 online support
- Dedicated account manager