Ex-Solly execs market new hedge fund

Two former Salomon Smith Barney executives set up a hedge fund management company in Singapore.

Two former SSB officials, Mayur Ghelani and Rahul Kumar, have established Aman Capital Management in Singapore. Marketing and fund raising for the firm's forthcoming global macro fund began last week.

Aman will be investment manager for the Global Macro Fund, which Ghelani says they hope to launch in the fourth quarter. Kumar and I will be spending the next three months marketing, Ghelani says. We've made a decision not to launch till we have raised an amount we're comfortable with in starting operations.

The firm is looking to hire a risk manager. We strongly believe in the distinction between risk measurement versus risk management, he adds. The former is a mainly...

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