Tiburon Partners has been awarded the contract to manage the Formosa Growth Fund, a fund established in 1991 to invest in Taiwanese securities and listed on the Irish stock Exchange. The mandate comes a few months after Tiburon set up its own in-house Asian long short hedge fund, called Tiburon Tiger.
Our focus will be directed at restoring the track record of The Formosa Growth Fund so that, despite market liberalisation, it increasingly becomes the vehicle of choice for institutional investors wishing to invest in Taiwan, says Mark Martyrossian, partner at Tiburon Partners. The mandate was given after a competitive tender process. It is unclear who else was bidding for the fund and...
