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Indus backs de Ris in new Eschler global equity fund


Theron de Ris, a senior research analyst working for managing partner David Kowitz at Indus Capital Advisors in London, has set up his own independent firm called Eschler Asset Management with Indus as a minority partner.

Theron de Ris

The firm's debut Eschler Global Fund is set to launch in early 2010 with seeding from Indus, the $3.2 billion Asia-focused hedge fund firm set up in 2000 by former Soros partners, as well as other external investors.

The long-biased long/short equity strategy will invest in lesser-known quality growth businesses at cheap multiples, and will also short