Saka ramps up to over $100m with rising interest in Asian liquid credit


Saka Capital’s Singapore-based Asian credit strategy, among the region’s most highly regarded credit hedge funds (and one of very few with a focus on liquid credit), is understood to have tipped the $100 million mark in assets under management – an indication that the fund, launched in 2009, is gaining traction with investors. The fund, which trades liquid corporate bonds and derivatives, convertible bonds and credit indices, was up just over 20% last year, well exceeding the targeted 15% annualised gain.

Saka Capital was funded by credit specialist Assan Din, who was formerly responsible for Lehman Brothers’ Asia