Fund launches & closures

Tribridge plans first ABS move

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Tribridge Capital Management in Hong Kong is blueprinting what could be the first Asia-focused asset backed securitization (ABS) long/short fund. It is also looking to launch an Asian distressed strategy too. The firm also recently rolled out a high grade Asian bond fund, following closely on from the launch of its Korea-focused equity long/short fund in October 2008.


Eugene Kim


The moves underpin the firm's strategy to utilise the current financial crisis and its resilient performance to strengthen its franchise in Asia. Its flagship Tribridge AF1 was up 3.22% in 2008 while the Korea Equity Plus