Launches & Closures People Moves

CastleBay lures former Galleon team to run Asia equity strategy


Four members of the highly experienced former Galleon Singapore team have joined Asia commodities/macro hedge fund shop CastleBay Capital Management. These include Justin Pollock, who joins as a partner and was previously a portfolio manager at Galleon, and Charles Stone, who will be the head of research.

The new team will run a new fundamentals-driven Asian equity long/short fund under the Singapore-based CastleBay moniker. It will look to limit market correlation with conventional asset classes while offering a high degree of portfolio liquidity.

The strategy will also aim to capture a significant portion of the wealth creation expected