|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.