Bloomberg – Mathew Welch, a former Temasek Holdings Pte managing director, is starting a hedge fund that invests in small and midcap firms in Asia’s developing markets where he said companies are undervalued.
The ACA Asia Dorset Fund already has commitments of $45 million and targets assets under management of $100 million within the first year, Welch said. The long-short fund will allocate between 70 percent and 90 percent of its assets to equities and the remainder to bonds, he added.
