Launches & Closures

Sofaer to build out Asia following sale of European business to Martin Currie

by

Sofaer Capital, one of the longest running Asian hedge fund houses, will refocus on its core competence and build out aggressively its Asian hedge fund business post the decision to sell its European business to Edinburgh-based Martin Currie.

“The huge growth potential is in Asia right now, and that is where we intend to build out,” said David Helm, chief executive of Sofaer in London. “The firm was started in Asia and most of its operations were there before adding a London office 10 years back, and in many ways it is a return to the original roots.”