HONG KONG, Dec. 21, 2014 /PRNewswire/ -- HS Group Ltd.
("HSG") today announces its second investment, in a hedge fund to
be founded by Christopher Lee,
previously Head of BlackRock's Scientific Active Equity department
in Hong Kong and serving on the
Investment Board of BlackRock's award nominated Pan Asia
Opportunities Fund, and Burke Lau, who formerly was Head of
Asia & Japan Quant Research at
Macquarie Securities, the top ranked quantitative research house in
Asia for the past seven years
according to Greenwich survey.
The duo will be joined by a team of research and programming
professionals with several decades of combined systematic
investment experience in Asia, and
on the business side will be led by Michael
Friedlander who was formerly Head of Asia Operations,
Technology and Onboarding for Millennium Capital Management Asia.
Mr. Friedlander previously also served as COO and CFO of APG Asia
based in Hong Kong.
Zentific Investment Management ("Zentific") is expected to
launch its Pan Asia Market Neutral fund in early 2015 with capital
from institutional clients, founding partners and HS Sponsor Fund.
Zentific is anticipated to be one of the more significant Asian
fund launches of 2015.
HSG provides strategic capital and institutional guidance to
Asia's new generation of
independent hedge fund leaders, and earlier in the year entered
into a strategic partnership with TPG Holdings, L.P. HS Sponsor
Fund made its first investment in September
2014 into Pleiad Asia Fund, founded by former China and Japan specialists at Soros Fund Management.
Pleiad Investment Advisors now manage in excess of $440 million and are expected to soft-close to
new investors shortly.
Michael Garrow, Founder and CIO
of HSG, said,
"The Zentific team has innovated fundamental trading signals and
systematic portfolio management techniques in Asia which are among the world's most fertile
markets from an alpha generation perspective. Their collaboration
with local academia, buy-side and sell-side market participants and
mastery of unstructured data sources, local market structure and
technology ensure a durable edge to an evolutionary investment
process."
Johannes Kaps, Founder and CEO of
HSG, said,
"Zentific brings together professionals from two of the dominant
market neutral franchises in Asia
– BlackRock and Macquarie – and overlays institutional standards
and risk controls developed over several years at one of world's
largest pension funds – APG. We have known Chris and his team for
many years, and expect their consistent alpha generation through
cutting edge research in short, mid and long-term horizon
strategies to provide a sought-after exposure for institutional
allocators globally."
V-Nee Yeh, Chairman of HSG's Advisory Board and Board member of
the Columbia University Endowment,
concluded,
"Zentific signifies a calm and wise, yet rigorously scientific
approach to harvesting alpha from a very broad array of Asian
markets. These markets are burgeoning with new sources of
information and liquidity, but are quite challenging to time
correctly, and require local insights and tailored investing to
navigate profitably. Zentific's team on the ground is capable of
consistent returns through continuous research and innovation. With
HSG as strategic partner, Zentific is well positioned to join
Asia's next generation of hedge
fund leaders."
This material is for your private information, and is not a
solicitation for any action based upon it. This is not an offer to
buy and/or sell any security or instrument and/or to participate in
any trading strategy. The material is based upon information that
is believed to be reliable. However there is no representation as
to its accuracy or completeness. Past performance is not
necessarily indicative of future results.
About HS Group
HS Group is an independent, institutional investment firm
providing long-term capital and strategic guidance to emerging
hedge funds in Asia. Based in
Hong Kong, founders Michael Garrow and Johannes Kaps espouse governance principles of
integrity, alignment, and fiduciary responsibility and believe
investment excellence is sustained through both passionate
commitment and rigorous process. The founders both spent formative
years at Brown University and Morgan
Stanley, followed by senior roles in Asia's hedge fund industry at Blackstone and
Goldman Sachs, respectively.
For Additional Information
Siobhan Zheng
Brunswick Group Ltd.
+852 3512 5000
szheng@brunswickgroup.com
www.brunswickgroup.com
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SOURCE HS Group