Ex-Lehman Trader to Start Credit Hedge Fund as Banks Pare Risks
Monday, June 29, 2009 : PermalinkAssan Din, a former Lehman Brothers Holdings Inc. credit trader, is setting up a hedge fund to trade corporate bonds and derivatives in Asia.
SaKa Capital’s fund, which will have a capacity of more than $500 million, will start in September with $25 million to $50 million sourced mainly from founding members and friends, Din, 38, said. The Singapore-based firm will subsequently raise capital from institutional investors, including U.S. pension funds and endowments, once it builds a track record, he added.
Tags: asia-pacific, credit markets, decade, europe, faith, hedge funds, investors, last thursday, liquidity, losses, performance strategies, profits, statistics
trackback from your site.








