Attention Asian hedge fund start-ups: Size matters

Asian hedge fund start-ups received $1.1 billion in early-stage capital from investors globally over the past three years, but the biggest beneficiaries have been large funds with at least $100 million in assets at launch and which have already secured seed investment, finds a survey by Citi. The average size of managers receiving early-stage allocations over the past three years was $193 million at launch. The typical Asian hedge fund recipient was just over $100 million, while t…