A team of ex-Wallenberg family office investment professionals, led by Alexander West in Hong Kong, has launched an Asia ex-Japan equity longshort fund. West worked with the Wallenberg team from 1993 to 2000 and was based in Hong Kong as head of the group's Asian investment team from 1996.
He spearheaded the fund's introduction two months ago with $10 million of partners' money under management. A European institutional investor who has known the team since its Wallenberg days will invest another $10 million of seed capital shortly.
As West explains, The European investor will also assist us with capital raising. We expect to gain most of...