|Dymon Asia Capital, a Singapore-based hedge fund, has doubled assets under management to over $1 billion. According to Bloomberg News, CEO, Danny Yong said that the Dymon Asia Macro Fund gained over 13 percent year-to-date on assets of $900 million. Yong’s team also manages the Dymon Asia Currency Value Fund, which has under $200 million in assets. |
According to HedgeFund Intelligence, Dymon Asia Capital joins an elite league of billion dollar hedge funds in Asia, which includes Morgan Sze’s Azentus Capital and Nick Taylor’s Senrigan Capital.
Singapore-based Dymon Asia Capital was formed in 2008 with $113 million in startup capital from Connecticut-based Tudor Investment Corporation.