Vision Investment plans to seed hedge funds

Fund of funds group hires Julius Wang from Ritchie Capital.

Vision Investment Management is establishing the Vision Angel Fund, which will provide seed capital for new hedge funds.

The job of constructing the new fund has been given to Julius Wang, who has joined Vision as a managing director and member of the board. Vision has seen a few defections lately but is rebuilding and remains spearheaded by Asian fund of fund industry doyens, Jerry Wang and James Chen.

WangÆs job at Vision will be to devise and structure the...

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