RAB Capital, the London-based hedge fund manager, is moving to significantly bolster its Asian operations amid growing interest in hedge funds from investors in the region. The firm, which has $1.4bn under management, has poached David Seex, the head of Citigroup’s Asian alternative asset management business, to head up its Hong Kong-based office.

Mr Seex will oversee a fundraising push in the region and the development of a new Asian “deep-value fund” launched this year by RAB. The fund will focus on picking up distressed assets from troubled Asian companies. Source

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