ET – Kevin Kwong, a partner at Senrigan Capital, has left the Hong Kong-based hedge fund this month to start his own investment firm, sources with knowledge of the matter said, joining a growing number of spinouts from established companies this year.
Kwong was part of the core investment team at Senrigan, an Asia-focused event-driven hedge fund that started in 2009 with seed capital from US alternative asset manager Blackstone Group. Senrigan, however, has racked up big investment losses over the past two years.
