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Hedge fund Tantallon triples assets from lows, eyes $500 mln

Reuters – Singapore-based hedge fund Tantallon Capital has tripled assets to about $300 million from 2009 lows and hopes to grow assets to $500 million, co-founder Alex Hill said, as investor interest in Asian hedge funds revives and performance improves.

The firm, founded in 2003 by former Morgan Stanley wealth management executive Hill and Nicholas Harbinson, who earlier worked at Merrill Lynch and Goldman Sachs, was one of the biggest hedge funds in Singapore in 2008, managing about $1.7 billion at its peak.

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