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Cheetah brings Jim Leitner's Falcon fund to Asia

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Cheetah Investment Management has launched a feeder fund exclusively for Hong Kong family offices, giving access to legendary money manager Jim Leitner's JL Falcon Global Fund. Leitner, who used to manage money for some of the largest global hedge fund managers before switching to run solely his own capital with exceptional returns from 1998 onwards, added Hong Konger Jeff Lo as a partner and opened up to external investors for the first time last October.

The JL Falcon Global Fund raised $400 million in a one-time open and close, with Cheetah Investment getting a $50 million capacity in