Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures

Samena acquires Vision Asia Pacific


Samena Capital has bought Vision Asia Pacific, the listed fund launched by Vision Investment Management, a Hong-Kong headquartered investment firm. Samena has bought the investment team and $75 million in assets in a five-year closed ended fund. Through a convertible structure, Vision intends to become a shareholder of Samena Capital and its founder chief executive officer and chief investment officer Jerry Wang, will join Samena's board.

Headed by Julius Wang, Vision Asia Pacific has proved its investment capability in its own right through the Angel Fund that had positive performance in 2008, when overall the funds of funds industry