Asia Hedge Fund Firm Offers to Insure First 10% of Losses
- Infini’s multi-strategy fund aims to start trading in May
- It will initially employ niche traders with punchy returns
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A new entrant to Asia’s hedge fund market is offering to insure investors against the first 10 percent of their losses.
Clients putting money into Infini Capital Management Ltd.’s multi-strategy hedge fund may choose to pay a higher performance fee in exchange for the insurance, according to Michael Friedlander, the Hong Kong-based firm’s chief operating officer. CEO Tony Chin is providing the protection, along with other investors in Infini’s founder share class.