Former Soros Manager Said to Seek $750 Million for Macro Fund
ByDai Jixin, a Hong Kong-based alumnus of Soros Fund Management, is seeking as much as $750 million for a global macro hedge fund, said people with knowledge of his plans.
Dai recently opened his Trigram Global Macro Fund to international institutions for the first time, said the people, who asked not to be identified as the information is private. The fund started trading in July 2013 and managed $284 million for Dai and his partners at the end of March. Dai declined to comment on his fund.
Asia-based macro hedge-fund managers, who seek to profit from trends in equity, credit, currency and commodity markets, are looking for trading opportunities as China moves to increase international use of its currency and open its financial markets wider to foreign investors…
Former Soros Manager Said to Seek $750 Million for Macro Fund
