Strategy

Samena Capital Partners With Argyle To Launch Asian Fund

Vanessa Doctor Asia Editor 15 October 2009

Samena Capital Partners With Argyle To Launch Asian Fund

Samena Capital Management has partnered with debt specialist Argyle Street Management to create a new Asian bond fund.

The fund, which will have a seed capital of $70 million, will target major companies and high-net-worth investors in the India, Greater China and other members of the ASEAN. According to a statement, the mininum amount needed to invest in the fund is $1 million.

The Asia Bond Fund expands Samena's presence in the region especially after its acquisition of leading Asian fund management group Vision Asia Pacific Ltd in June this year.

Argyle is a Hong Kong based hedge fund manager with $500 million under management.

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