The fund incubator says it is looking to add to its range of partner firms, notably focused on Greater China, after taking a 35% stake in Sydney-based Morphic Asset Management.
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Tag : ascalon
The Australian alternatives seeding firm takes a 30% stake in a Singapore-based hedge fund manager set up by former Morgan Stanley and Pimco executives.
Fund investors from Australia are looking for upside through exposure to Asia.
Australian alternatives seeder Ascalon has invested in two Asian hedge funds, with more allocations to come.
