Hong Kong-based Infini Capital Management has added to competition in the multi-manager hedge fund sector with the launch of a new flagship fund, the Infini Global Master Fund, and is also planning on opening a new office Abu Dhabi, according to a report by Reuters.
The report cites two sources familiar with the matter as confirming that the fund started trading on 1 November with self-seeded capital from the firm’s previous proprietary fund, which record a return of 20% between January and July.
The Infini Global Master Fund, which is open to external investors, is looking to raise $1bn by the end of 2024, while according to a spokesman, the firm is also planning to open an office in Abu Dhabi in the first quarter of new, as a first step to extending its operations beyond Hong Kong.
