(Bloomberg) Joseph Sun, the former head of Asia technology investments at Och-Ziff Capital Management Group LLC before starting his own firm six years ago, has opened a long-short hedge fund focused on technology, media and telecommunication companies.
Hong Kong-based Solaris Capital Advisors Ltd. focuses on stocks that make a “significant” portion of their revenues from Asia, Sun said in an instant message. The Solaris Global Alpha fund, which opened to institutional investors in May after Sun traded the strategy for six years as a private investment pool for friends and family, has a capacity of $200 million, he said.
