Launches & Closures

NoHo Capital eyes managed futures vehicle in Hong Kong

by

Mathias Piardon Frederic Levy
Two ex-Dresdner Bank equity derivatives traders, Mathias Piardon and Frederic Levy, are launching later this year a new fund that will systematically trade liquid Asian equities index futures.

Both left the German bank 18 months ago and co-founded Hong Kong-based NoHo Capital, which is already running a managed account for a family office as well as trading partners’ money.

The managed futures fund is now on the radar of other seed investors and the portfolio managers expect to raise at least $40 million by the end of the