Indus Capital Partners, the US 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