Ex-Citi Manager To Float China HF

Emerald Orient Investment Advisor, founded by former Citigroup Smith Barney portfolio manager, Daniel Chan, will unveil a Greater China dedicated hedge fund.

Emerald Orient Investment Advisor, founded by former Citigroup Smith Barney portfolio manager, Daniel Chan, will unveil a Greater China dedicated hedge fund, Reuters reports. The fund will seek to bet on the technology and consumer sectors. The proposed vehicle is backed by seed capital from an undisclosed large family office. The fund has started trading with about $25 million and has received commitments to get an equal amount by the end of 2011.

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