Finance

Australian Hedge Fund Star Liu Departs Tribeca to Start New Firm

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The manager of Australia’s second-best performing hedge fund, Jun Bei Liu, plans to open her own firm, ending nearly two decades with Tribeca Investment Partners.

Sydney-based Liu is set to launch the A$1.5 billion ($1 billion) long-short strategy she currently manages under a new yet-to-be-named company by the start of 2025, with backing from Tribeca, which will provide administrative support.