SHK seeds bond hedge fund

Hong Kong-based Tribridge launches with $20 million backed by Korean institutional money.

Tribridge Capital, a fixed-income specialist based in Hong Kong, is set to launch its Asia-ex Japan hedge fund later this month with $20 million in assets. Tribridge's CIO, Eugene Kim, says the new fund has a strategic tie-up with the asset management arm of Hong Kong conglomerate Sun Hung Kai, which has taken an equity stake in the fund and contributed to a portion of the start-up capital.

We're extremely pleased to have tied up with Christophe Lee and his team at SHK as a strategic investor in our fund, says Kim. As we're a newly launched hedge fund, their involvement will help boost our credibility and be extremely beneficial...

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