Ping Capital Management has launched its second hedge fund, FINalternatives reports, citing Dealbraker.com. The Emerging Markets Macro Fund was introduced by former SAC Capital Advisors fund manager, Ping Jiang on January 1.
The portfolio has a $500,000 minimum investment and a one-year lockup and charges 2% for management and 20% for performance. It is Jiang’s new fund after his maiden fund secured its second-straight year of triple-digit return.
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