Ex-DKR Oasis portfolio manager Barun Agarwal intends to start a pan-Asia multi-asset hedge fund, the Factorial Master Fund, in January, Asian Investor reports. The vehicle, to be run from Hong Kong, will allocate to equities, credit, convertible bonds, volatility and derivatives of these asset categories.
While refusing to reveal the exact amount, Agarwal said the fund had already received commitments of some capital from private investors. Agarwal, to be CIO of Factorial Management, worked with the $3 billion multi-strategy fund DKR Oasis for seven years as portfolio manager. He quit DKR in August. Goldman Sachs and Bank of America Merrill Lynch are the prime brokers for Factorial which is awaiting regulatory clearance from the Hong Kong Securities and Futures Commission
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