Former Two Sigma Investments managing director Jinger Zhao, after 18 years at the firm, is preparing to launch an Asia-focused hedge fund with initial backing from Blackstone. The news signals a new investment platform and fresh capital formation in Asia-focused hedge fund markets. Market impact should be limited, but the backing from a major alternative asset manager is a positive signal for the launch.
Former Two Sigma Investments managing director Jinger Zhao, after 18 years at the firm, is preparing to launch an Asia-focused hedge fund with initial backing from Blackstone. The news signals a new investment platform and fresh capital formation in Asia-focused hedge fund markets. Market impact should be limited, but the backing from a major alternative asset manager is a positive signal for the launch.
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