Tag Archives: japan


Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet

Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]

GPIF says alternative investments need closer study

Guardian Unlimited – Japan’s public pension fund, the world’s largest, said on Thursday it needs a deeper study of diversifying into alternative investments, such as hedge funds and real estate, after seeing the asset class hit by the financial crisis. […]

Kanetsu Will Close DragonHorse, Exit Hedge Funds

Bloomberg – Kanetsu Asset Management Co. will liquidate hedge funds, including Japan’s best performer last year, as commodities trading shrinks, a company executive said. The Tokyo-based firm will shut DragonHorse, which according to data provider Eurekahedge Pte returned 27 percent […]

Daiwa drops big fund plan after Blackstone talks fail

Reuters – Daiwa Securities Group Inc, Japan’s second-largest brokerage, said that it would drop its plans for a large private equity fund after talks with Blackstone fell through. Daiwa had been in talks with private equity firm Blackstone Group LP […]

Market slump pounds Pa. pension funds

Philadelphia Inquirer – Pension funds for Pennsylvania state workers and schoolteachers lost more than $12 billion in the three months ended Sept. 30. And that’s not counting losses from hedge funds, real estate, private equity, and other hard-to-trace private investments […]

Blackstone trims its Asia-focused fund

Reuters – Blackstone Group LP has cut the size of its planned Asia-focused hedge fund because the global financial crisis has led to redemptions, the Wall Street Journal said citing people familiar with the situation. Blackstone, which manages private equity, […]

States Double Down on Hedge Funds as Returns Slide

Bloomberg – Public pension funds in the U.S. are increasing bets on high-risk hedge funds and real estate in an attempt to fill deficits in retirement plans and make up for their worst performance in six years. New York Comptroller […]

Russell to boost Asia property fund exposure

Reuters Singapore – U.S.-based Russell Investments, which manages over $211 billion (110 billion pounds) in assets, wants to boost its exposure to Asian real estate as it sees growing markets in China and India withstanding a global downturn. The company, […]

JPMorgan plans $1 bln Asia property spree

Reuters – JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill a gap as Indian and Chinese developers crave funds and rival investors recoil from property markets. The investment […]

KKR Aims to Catch Blackstone With Offering, New Funds

Bloomberg- Henry Kravis is taking KKR & Co. public and moving into real estate and stock funds as he tries to catch up with Stephen Schwarzman’s Blackstone Group LP, the world’s largest private-equity firm. KKR, co-founded by Kravis in 1976, […]

China-focused funds raise $12 bln in Q2

Reuters Shanghai- Ten new China-focused private equity funds raised $12 billion (six billion pounds) in the second quarter, but poor market conditions have forced foreign funds to delay exits of their investments through IPOs and secondary offerings, consultant firm Zero2IPO […]

Bedrock Rolls Out Multi-Strat Fund of Funds

FINalternatives- Bedrock Alternative Asset Management in May launched its Global Diversified Fund, a fund of funds covering private equity, hedge funds, real estate and commodities, combined with traditional stock and bond investments. The fund will invest in a 15 to […]