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Samena Capital Partners With Argyle To Launch Asian Fund
Vanessa Doctor
15 October 2009
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.