Gottex-Penjing deal creates major allocator in Asia
May 21, 2012
Acquisition aims “to really build a strong foundation in the region”
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 Asia hedge funds...
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