Launches & Closures

Prime Capital founder Huimin Wu makes comeback with new China fund at TriVest


Huimin Wu, formerly the founder of Prime Capital and a stalwart of the China-focused hedge funds space, is making a comeback with TriVest Advisors. The firm is understood to be readying a China multi-strategy fund, expected to be launched around June. It will use three underlying strategies to capture alpha on both the long and short fronts: core holding strategy, directional long/short and event-driven.

Wu was the portfolio manager of the highly successful Dragon Billion Greater China Fund at Prime Capital, which he ran until early 2008, and was seen as one of the earliest China managers that combined