HS Group to invest in new Hong Kong hedge fund Pleiad

VC Post – HS Group Ltd (HSG) will be making its first investment in Hong Kong-based hedge fund Pleiad Investment Advisors. Although the exact amount to be invested is unconfirmed, Pleiad received a total commitment of over $150 million from its founding partners, HSG, and its affiliates, according to Hedge Week.

HSG founder and chief executive officer (CEO) Johannes Kaps said: “We are firmly committed to building an institutional, best-in-class investment firm with experienced partners overseeing the day-to-day running of the business. Pleiad’s COO and CFO have a combined 37 years of industry experience, the majority of which was spent at Goldman Sachs in Asset Management and Prime Brokerage. The COO also spent a decade at one of Asia’s longest standing alternative investment firms, most recently as its COO.”

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