Sequoia Capital Management, a Sydney-based Asian macro fund, has opened its doors to international investors with the launch of its offshore fund on September 1. The managers hope the fund, which launched with $10 million, will quickly ramp up to its $200 million capacity.
We've been seeing interest from investors in Europe and Japan, says Toby Chapple, Sequoia's CIO. We're expecting to be about a quarter full within the next month or so.
Chapple says the fund's Sydney location has caused no hindrance to its ability to attract capital. Investors who are planning their trips to Asia have been contacting us, and including Sydney as a...
