Hedge Funds

Global seeder Larch Lane looking to increase Asian exposure

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Larch Lane is looking to increase its exposure to Asian hedge fund managers. 

The global hedge fund seeder and fund of funds platform at present runs a $1 billion US-centric fund of funds strategy with only 5% exposure to Asia-based managers. However, it is looking to raise the latter to about 10% by next year and to 20% thereafter, depending on the availability of experienced managers, says Ken Stemme, head of research for the firm. The fund of funds’ $50 million investment in Asia is shared by just two dedicated managers –one long/short and the other a market neutral