Sail Advisors' Eliza Lau to retire

Sail Advisors has announced that Harold Yoon, the CIO and head of ING fund of hedge funds, will be the new CIO of the Hong Kong-based fund of hedge funds established by Robert Miller. The firm will also open an office in New York. Eliza Lau will retire from her role as CIO of Sail and will remain as an advisor to the firm for an interim period. She is known in the alternatives community as a feisty advocate of funds of hedge funds and was a formidable advocate of the industry on many…