SAIL Advisors in Hong
Kong is launching its fifth fund of hedge funds with the idea
of tapping into the appetite of global investors for pan-Asia
long/short equity funds. The firm, which has $2 billion in
global funds of funds assets, already runs the $160 million
SAIL Asia Pacific Managers Fund - an Asia Pacific
multi-strategy fund of hedge funds - but the new fund will only
invest in Asian long/short equity managers.
SAIL has seeded the SAIL Asia Equity Alpha Fund with $50
million. It will be run by Lanny...