Ex-Refco exec provides nest for young hedgies

Edward Chin is providing cheap office space for fledgling hedge-fund and private-equity managers in Hong Kong.

By Simon Osborne

April 04, 2006

The rise in commercial rents in Hong Kong is often characterised as being good news for the prosperity of Hong Kong. Try telling that to hedge fund managers who rented space in new buildings like IFC 2, and are now being presented with exorbitant monthly terms after their rent reversion.

But tapping into the hedge fund boom in Hong Kong, Edward Chin - a former Man Investments country manager and head of Asia for Refco Alternative Investments - is putting the final touches to a 1,500 square-foot MDE Hedge Fund Centre on Wyndham Street It is the former administration office of the Foreign Correspondents Club. ôThis office space will be kitted out for hedge fund...

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