Turiya Capital crosses $500m landmark


 Davide Erro  Jeff Levy
David Erro’s Turiya Capital has just crossed $500 million in assets under management, exemplifying a clear vote of confidence in the resurgent Asian hedge fund industry and in the new breed of institutional-grade, highly-experienced start-ups/relaunches that are  redefining the industry.

The firm started with $145 million in April 2010 as a relaunch of Erro’s former venture, Gandhara Capital, and has seen a slew of new investors—largely US-based institutional fund of funds and private wealth firms—along with a healthy mix of old Gandhara investors, come in since then.

Performance as