CSFB's Stonefield in big hedge fund venture
Ex-CSFB Asia chairman launches Asian quant fund with multi-billion dollar ambitions.
Stephen Stonefield, CSFB's former Asia Pacific chairman, has teamed up with Rene Reiss, ex-Merrill Scientific, to set up a Singapore-based hedge fund, Precise Capital. The team will launch its first product, an Asian model-driven quant fund, in early 2005.
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