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Posts Tagged ‘algebris’

Algebris plans Singapore office as Asia lures funds

Algebris Investments LLP, a US$1.5 billion ($2.05 billion) global financial hedge-fund manager, plans to open an office in Singapore as Asia’s growth draws investors.

The London-based firm registered its Asian office in Singapore as Algebris Investments (Asia) Pte, according to the Accounting and Corporate Regulatory Authority, which regulates businesses in the city-state. Maria Gabriela Bianchini, Algebris’s London-based chief operating officer, couldn’t be reached for comment.

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Hedge fund Algebris heads to Asia; eyeing Singapore and Hong Kong

London-based hedge fund manager Algebris Investments LLP is in talks to set up a base in Asia over the next few months, joining a slew of Western managers driven to the region in search of higher returns and a friendlier regulatory environment, two sources said. 
 
Top officials from Algebris — backed by activist investor Christopher Hohn — visited Asia on a reconnaissance mission earlier this year but had yet to take a call on whether the new office will be located in Hong Kong or Singapore, said one of the sources. 

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