Hedge fund firm Dymon Asia Capital is expanding in Hong Kong’s central business district, at a time when the city is seeing record premium office vacancies and declining rental rates. Dymon has signed a lease for a 7,000 square-foot (650 square-meter) office in Edinburgh Tower in the Landmark commercial complex owned by Hongkong Land Holdings Ltd., said Kenneth Kan, Singapore-based…
A Singapore hedge fund is offering a relatively rare, client-friendly fee structure for investors as capital inflows for the industry slow and higher interest rates enhance the appeal of cash. Dymon Asia Capital is creating a new share class as part of a $1 billion fundraising for its multi-strategy hedge fund, which includes a so-called hurdle rate. This means it…
Dymon Capital Asia has boosted its investment team with two portfolio managers as it seeks more Japan-related exposure. Millennium PM Hirofumi Hoshika joined in Tokyo in January while former Sumitomo PM Junya Sato joined the team this month. Japan-focused PMs now account for about 20% of total PMs in Dymon’s offices across Asia, while Japan strategies contributed about 25% of…