Fund launches & closures

Sharp Peak plans $100m volatility fund launch on DragonBack Capital platform

by

Robert Lance

Hong Kong-based Sharp Peak Capital Management plans to launch in April a $100 million volatility fund on the platform of DragonBack Capital, which previously ran two Asia-focused strategies before transforming itself into a hedge fund service provider last year.

The long volatility/long gamma strategy will have an index arbitrage overlay and be run by Jean-Guy Renard and Jonathan Hodgson – who both previously worked at Credit Suisse in Hong Kong – and former Singapore-based trader Nils Razmilovic.

Sharp Peak joins Hong Kong-based firms Tempus Investment Group and WorldOver Capital, who also recently signed