Hedge Funds

Global seeder Larch Lane looking to increase Asian exposure


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