BusinessWeek – KKR & Co. has sealed its first Asia hedge-fund partnership backing a startup by the former regional chief of York Capital Management LP., according to people with knowledge of the matter.
Feng Hsiung’s Hong Kong-based Acion Partners Ltd. will start a pan-Asia event-driven hedge fund in the first quarter of 2015, investing in equities and credit, said the people, who asked not to be identified as the information is private.
