Explorer Capital Launched

HedgeCo.net – Steffen Gruschka and Ashwan Khanna have started Explorer Capital, a London domiciled hedge fund manager. They have launched the Explorer Emerging Europe Fund, a long short equity fundbroadly focused on the 25+ countries in the Emerging European sector. 
 
DB Advisors Capital Management, the single manager and multi-strategy hedge fund business within Deutsche Bank Asset Management seeded the Explorer Capital Emerging Europe Fund with anundisclosed investment.
 
Steffen Gruschka was previously Managing Director and Head of Emerging Europe investments at DWS (Deutsche Bank). Mr Gruschka has had 8 years of investment experience in the region and managed over$5 billion in Emerging Europe and Russia funds. During his tenure at Deutsche Bank the assets under management increased from $50 M to $5 billion and Mr Gruschka consistently outperformed benchmarksand received several awards.
 
Ashwan Khanna was previously Managing Director at Galleon Group where he was head of business development and Co-PM on their external hedge fund investment portfolio.
 
The Explorer funds have an absolute return target and will leverage the experience, knowledge, track record and relationships of Mr Gruschka. The Fund will be run primarily as a stock-picking fund.Top down factors will be used to optimize the overall risk/return characteristics of the portfolio. Market exposure will be partially hedged using a combination of stock baskets, futures andswaps.
 
The fund will focus on Emerging Europe (including Turkey) and will also include less common investment destinations like Kazakhstan, Bulgaria and Georgia.
 
 
 
For additional information please contact:
 
[email protected]
 
[email protected]