China National Pension Fund Adviser Plans Hedge Fund

BusinessWeek – A senior adviser to China’s $130 billion state pension pool and a former Asia prime brokerage head at Morgan Stanley are teaming up to start a China-focused hedge fund in September.

Hong Kong-based JT Capital Management Ltd. is aiming to raise $100 million for the fund, said Chief Investment Officer Larry Zhang, who has advised the National Social Security Fund on its global investments for the last two years. The fund will trade Chinese stocks listed domestically or on an international exchange such as Hong Kong or the U.S., he said.

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