Aussie hedge fund's redwood-sized ambitions

Sequoia, an Asia macro fund run by an all-star team of Australians, launches a fund targeting international investors.

Sequoia Capital Management, a Sydney-based Asian macro fund, has opened its doors to international investors with the launch of its offshore fund on September 1. The managers hope the fund, which launched with $10 million, will quickly ramp up to its $200 million capacity.

We've been seeing interest from investors in Europe and Japan, says Toby Chapple, Sequoia's CIO. We're expecting to be about a quarter full within the next month or so.

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