Pelargos Japan Alpha Fund, an Asian strategies hedge fund, has launched a US Dollar (USD) and Japanese Yen (JPY) share class for its existing Pelargos Japan Alpha Fund.
The existing Euro denominated fund was launched in 2008, is domiciled onshore and fully regulated.
The fund managers are Richard Dingemans and Michael Kretschmer.
“The interest in long/short strategies specialised in Japanese equities is picking up significantly,” says Dingemans. “The competitive landscape has dramatically shifted and only few successful funds survived the global financial crisis.”
Pelargos Capital’s venture into multi currency share classes provides global investors with the opportunity to gain exposure to one of the most under-researched developed markets with substantial untapped alpha potential.