FCA seeds third Asia hedge fund with $25 million
FRM Capital Advisors invests in Japan-focused Arena Capital, run by former Highbridge portfolio manager Toby Bartlett, more than two years after its last Asia seeding.
FRM Capital Advisors (FCA) has seeded its third Asian strategy, making an initial $25 million investment in Arena Capital – a Japan-focused long/short equity fund set up by former Highbridge Capital portfolio manager Toby Bartlett.
Arena started trading in September last year and is expected to reach an AUM of about $50 million at the end of Q1, Patric de Gentile-Williams, head of seeding at FRM, tells AsianInvestor.
Arena trades in Japanese domestic demand sector stock…
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