SSG Capital Management Set to Launch in April

March 2nd, 2009
| More
Edwin Wong, former head of Lehman’s Asia special situations group, is seeking $500 million to launch SSG Capital Management, an Asia distressed fund, according to Bloomberg. The Hong Kong based firm intends to raise it seed capital from high net worth individuals in Asia.

Mr. Wong, who joined Lehman in 1997, was also head of credit at Lehman Brothers Asia when he resigned in November 2008. Several of his former Lehman coworkers are said to be joining him at SSG.
See Source
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

Warren Buffett’s Annual Shareholder Letter

Harbinger Hires Goldman Hedge Star Asali

Ackman wants board representation at Target Corp

Abax Global Capital’s Founder and CEO Chris Hsu Departs

KKR Adds Eisenberg as a Senior Advisor

Steel Partners Abandons Larger Sapporo Stake

Stephen Raneri and Arthur Rosen to launch LionEye Capital

Poison Pill Inventor praises Relational Investors

Icahn Increases Stakes in Biotech Bets

Former Soros Alums Launch Woodbine Capital Advisors