Old Asia hands team up for hedge fund

Terence Khoo and Miron Mushkat launch Qi Capital.

Qi Capital, a newly established Hong Kong-based hedge fund, has recently launched its Asian Macro Fund with $17 million under management.

CIO and co-founder Terence Khoo says the initial assets have come mostly from the fund partners, friends and close associates. He expects the fund to gain another $10 million in assets shortly from a large fund of hedge funds.

Khoo is no stranger to the Asian hedge fund world. From 2000-2002 he worked with Michael Sofaer, founder of Sofaer Capital, one of Asia's first hedge funds, managing the SCI Asia ex-Japan fund. He then moved on to work with Kerry Asset Management, the family office of...

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