Bloomberg – Theoria Capital Management Pte, a Singapore-based hedge fund that trades Japanese equities, futures and options, plans to double assets in its multistrategy fund after it returned 43 percent in its first year.
The firm is seeking to grow the Theoria Multi-Strategy Fund to about $200 million within the next 12 months, said President Minoru Umezaki, a former Aizawa Securities Co. proprietary trader. The fund’s assets have already more than doubled to $115 million, from about $50 million when it was set up a year ago, the 33-year-old founder said in an interview yesterday.
