Former Highbridge Manager Starts Hong Kong Hedge Fund
- Amala Emerging Asia Fund aims to raise $250 million by 2020
- Portfolio manager worked at Highbridge for seven years
This article is for subscribers only.
Ayaz Motiwala, a former money manager at Highbridge Capital Management (HK), has started a hedge fund in Hong Kong and is seeking to gather as much as $250 million by 2020.
Amala Emerging Asia Fund began trading in July with money from friends and family, Motiwala said in a telephone interview. The fund, which will mainly bet on rising stocks, is sub-managed by Nivalis Partners, a Hong Kong-based asset manager that Motiwala joined in 2014.