Singapore-based Fairfield Straits Lion has announced a third addition to its Asian hedge fund platform. The new investment sees FSL adding a China-focused fund to its portfolio through a partnership with Apex Capital, a Greater China equity longshort specialist.
FSL declined to reveal the amount invested in the new fund, although it did confirm the deal involved both the investment of seed capital and a sharing of the economics of the new fund.
Earlier this year the Fairfield Greenwich and Straits Lion joint venture invested $20 million in a partnership with Asian arb fund Ludgate Hill, and $25 million in the Ajia-RMPH Asian equity longshort...
