Raymond Lin, a former portfolio manager at the $7 billion long-only shop, Sit Investment Associates, is getting ready to debut his first hedge fund. Lin recently left Sit to start a long/short equity hedge fund focused on the Asian marketplace. Tricera Asia Fund is slated to launch next month and will employ a bottom-up approach. Lin is planning to launch the fund with $10 million in assets and is hoping to raise as much as $50 million.
Lin's fund will invest in China, Hong Kong, Japan, Singapore, South Korea and Taiwan, countries that have fair and open equity markets