Fund launches & closures

Indus’ Asian UCITS strategy debuts on Morgan Stanley’s platform

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Indus Capital Partners, a US-based manager overseeing $4.5 billion in assets, has launched an Asia-Pacific equities long/short UCITS fund on Morgan Stanley’s FundLogic Alternatives platform. The new fund is primarily being marketed within the European Union to institutional investors.

The Ireland-domiciled Indus PacifiChoice Asia Fund was released on 12 January with $10 million in initial AUM.

Sheldon Kasowitz and Ethan Devine, both based in New York, are managing the fund portfolio with the support of a 21-member team of analysts mostly based in Hong Kong, Singapore and Tokyo. Indus co-founder Kasowitz manages the Indus Japan Fund, while Devine