HS Group Backs Ex-Soros Specialists for New Asia Hedge Fund
This article is for subscribers only.
Kenneth Lee and Michael Yoshino, former Soros Fund Management LLC Asia specialists, plan to start their own hedge fund investing in Asian equities with the backing of Hong Kong’s HS Group Ltd. in the third quarter.
Pleiad Investment Advisors, set up by the former Soros China and Japan specialists, plans to open the pan-Asia fund with more than $150 million of commitments from its founding partners, the group and affiliates, HS Group said in an e-mailed statement. Pleiad was incorporated in Hong Kong, according to a document obtained from the city’s Companies Registry.