Solaris Asset Management launches with $23 million

October 27th, 2010
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Solaris Asset Management recently announced its plans to launch its flagship hedge fund this November. According to FINAlternatives, the Solaris Capital SPC Equity Arbitrage Fund is based in Singapore and will initially focus on arbitrage opportunities in equities and derivatives in the Asia-Pacific area. With time, the fund plans to increase its assets to S$100 and expand its concentration to a more global focus, including the United States, Europe, India and South America. The new fund will launch with $23 million from Chinese investors.

Solaris Asset Management was founded by Thomas Tey, Jeffrey Wong - both formerly of Singapore Exchange Ltd. - and Wang Wei Dong, who founded Bosera Asset Management. Most recently, Mr. Tey was at Oversea-Chinese Banking Corp as head of equities derivatives.
For Detailed Investor Profiles on these Investors, click below:
Solaris Asset Management
Related People: Jeffrey Wond; Thomas Tey; Wang Wei Dong
Related Entities: Oversea-Chinese Banking Corp*; Solaris Capital SPC Equity Arbitrage Fund; Solaris Asset Management
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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