Azentus HF May Manage $1.8B By June

Azentus Capital Management is likely to manage around $1.8 billion by the start of next month.

Azentus Capital Management is likely to manage around $1.8 billion by the start of next month, Bloomberg reports. The Asia-based hedge fund commenced trading on April 1 after raising $1.06 billion.

The vehicle is being managed by former global head of Goldman Sachs’ principal strategies proprietary trading, Morgan Sze. The estimate for the Hong Kong-based vehicle’s assets in June includes account subscription requests received or expected and performance.

Click here for the story from Bloomberg.