Morgan Sze’s Azentus Capital selects Prime Brokers

March 2nd, 2011
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Earlier this week, Morgan Sze picked UBS (NYSE: UBS), Goldman Sachs (NYSE:GS), and Morgan Stanley (NYSE:MS) as prime brokers for his yet to be launched $1 billion hedge fund called Azentus Capital. Azentus Capital is anticipated to be one of the largest hedge fund launches in Asia when it opens during the second quarter of this year, according to an article from Reuters. Many banks such as Deutsche Bank and Credit Suisse (NYSE: CS) competed for the coveted prime broker relationship. However, Mr. Sze’s selections, with the exception of UBS, were highly anticipated.

About two weeks ago, Morgan Sze resigned as head of Goldman Sachs’ Principal Strategies Group in Asia. Mr. Sze, along with professionals from Goldman’s Principal Strategies Group, founded Azentus in 2010. Notably, last week, Mr. Sze registered Azentus Capital with the Hong Kong market regulator.
For Detailed Investor Profiles on these Investors, click below:
Azentus Capital
Goldman Sachs Principal Strategies*
Related People: Ali Hedayat*; Andrew Metcalf* ; Bob Howard*; Bruce Kirk; Dinakar Singh*; Emmanuel Niogret*; Eric Mandelblat*; Eric Mindich*; Jeffrey Zielinski; Jenny Sun Kin-nam; Mohan Rajasooria; Morgan Sze; Morgan Sze*; Pierre-Henri Flamand*; Ralph F. Rosenberg*; Roger Denby-Jones
Related Entities: Azentus Capital Partners; Goldman Global Special Situations Group; Goldman Global Special Situations Group (GSSG); Goldman Principal Strategies; Goldman Prop Trading; Goldman Sachs & Co; GS Capital Partners; GS Principal Strategies Group; Azentus Capital Limited; Goldman Proprietary Trading
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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