Performance

Hsu’s Kilometre goes the distance with strong returns

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Chris Hsu’s Kilometre Asian Growth Fund is understood to be performing strongly since its June launch, with market sources citing gains of more than 30% up to September.

The fund, which manages capital in the $200-$250million range, was seeded by US-based Paloma Partners. Hsu, who previously headed special situations shop Abax Global Capital and is a former managing director of Citadel Investments, founded Hong Kong-based Kilometre Capital Management earlier this year.

The Kilometre Capital team also comprises include Christopher Jackson, formerly of Deephaven Capital Management in Hong Kong, and Simpson Wong, who previously worked at the local offices of