Kurt Baker to launch new Greater China hedge fund

Kurt Baker, who was the head of Asian prime broking for Morgan Stanley until 2008, is about to launch a new hedge fund named JT Greater China Fund. The fund will have a Greater China long/short strategy. Fees are 2% management fee and 20% performance fee. The fund operates on quarterly redemptions with 35 days' notice; lock-ups are still to be announced. Baker has been at the Morgan Stanley Asian Hedge Fund Investment Forum this week in Shanghai. As head of Morgan Stanley prime broki…