Singapore-based Tahan Capital Management has revved up its asset base to just over $200 million since the launch of its TCM Asia Opportunities Fund last autumn, according to market sources.
The fund is understood to be performing quite strongly and attracting keen investor interest across the region and outside.
TCM Asia Opportunities is an Asia-focused absolute return fund investing in macro, credit and event driven/distressed debt investment strategies. These strategies are expressed across different asset classes, including FX, rates, credit, distressed debt, convertible bonds and equities.
The firm is headed by Ng Yong Ngee, formerly of UBS. His