Launches & Closures

Former top guns at Credit Suisse ready Asia launch for Q3

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RG Investment Capital, a London-based outfit founded by former top equity traders from Credit Suisse, is launching a new long/short Asia equity-focused fund in the third quarter, most likely in July, according to industry sources.

The fund will focus on developed markets in the region, namely Japan, Hong Kong, Korea, Australia and Singapore and target companies with capitalisation greater than $500 million.

According to sources, the fund will supplement its long/short strategy with exposures to derivatives as an additional source of return and also to limit downside volatility.

Anthony Gaughan, a partner and chief operating officer of RG