Yashwant Bajaj’s Juggernaut Asia Fund up 45%

December 27th, 2011
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The Juggernaut Asia Fund is reportedly up 45% since its launch in August of this year. Juggernaut is managed by Yashwant Bajaj who previously managed a Japan-focused hedge fund at Hachiman Capital Management from 2005 to 2010. According to an article from Reuters, Juggernaut Asia Fund employs a long/short strategy that invests in Japanese and Asian equities. The firm also opportunistically utilizes short-term and event-driven strategies.

The firm launched its flagship fund in August of 2011 with $5 million of Yashwant Bajaj’s personal assets. Juggernaut will be opened up to outside investors during early 2012 annd will reportedly target assets of $30 million by year end.
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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