Launches & Closures

New seeder Pulse eyes $1bn in Asia event strategy, mulls macro fund


Ibrahim Gharghour
New York-based Pulse Capital Partners is targeting $1 billion in the event-driven Asian fund that it is launching under its recently announced partnership with Hong Kong-based Ardon Capital.  The firm is also looking to establish a partnership for a large macro fund that will launch outside Asia.

Pulse Capital, a new hedge fund seeding vehicle established by former executives of Investcorp, says it is putting $50 million as seed money into the event-driven Ardon Capital Asia Fund which is expected to launch in July. Ardon Capital is led by two highly rated ex-managers from