Performance

Hong Kong-based Turiya Capital is latest to join Asia’s Billion Dollar club

by

Davide Erro
Davide Erro’s Turiya Capital has joined Asia’s Billion Dollar Club after assets at the Hong Kong-based firm crossed the $1.1 billion mark in March this year.

Only a few Asia-based funds launched after 2008 have gained at least a $1 billion mass, among them Morgan Tze’s Azentus Capital and Nick Taylor’s Senrigan Capital.

Their growth has been even more remarkable given the tough challenges faced by most start-ups in 2011.

The Turiya Master Fund delivered a sizzling 8.1% in return in the first two months of the year and is understood to have