Leading US hedge fund opens shop in Asia

Everest chooses Singapore as location for first non-US office.

Everest Capital has chosen Singapore as the location for its first office outside of its Miami-based headquarters. With about $1 billion under management, Everest falls within the top 1% of the world's hedge funds by size. It is also amongst the industry's oldest, having been operational for 14 years.

We decided to set up in Asia because we wanted our investment professionals to be able to keep their ears closer the ground, says Low Jeng-tek, Everest's Singapore-based director. We're seeing much greater demand amongst investors for investing in Asia. As the Asian markets develop, more people are understanding that this is where the long-term growth prospects are.

...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222