Launches & Closures

Sunpo starts up new globalised hedge fund operation


Sunpo Capital Management , a new hedge fund outfit started by well known China and Hong Kong investor Yi Zhang, and partner Dennis Yang, in Shanghai, plans to open its Greater China equity long/short strategy to external investors after about six months of track-record building.

The strategy, being run with partners' capital at present, will be launched as a Cayman Islands-domiciled offshore fund, with Sunpo looking for a seed investor at that stage.

The strategy's focus remains Hong Kong for investing, which is a huge differentiating factor between Sunpo and the other onshore managers.

Also, unlike most onshore