Launches & Closures

Ex-Oasis man Agarwal’s new multi-asset fund gets going with $25m


Former DKR Oasis bookrunner, Barun Agarwal, succeeded in launching his multi-asset Factorial Master Fund in mid-January as he braved an uncertain environment for almost all asset classes.

It is understood that the new fund started with assets of up to $25 million, and started trading just two weeks after Agarwal’s group obtained its Type 9 asset management licence from Hong Kong’s Securities and Futures Commission.

The firm, which starts with three people, including Agarwal, who takes on the role of CIO, is looking to hire additional staff.

While the timing of the launch was described by many industry