NEW YORK--(Tiger”) has announced a strategic partnership to focus on investing in Asian equities. Tiger Pacific Capital LP (“TPC”) is a new investment company, whose founding partners are Run Ye, Junji Takegami and Hoyon Hwang. The individuals are experienced investors who were formerly senior members of Tiger Asia Management, L.L.C., a long/short Asian hedge fund manager. Tiger Management L.L.C. and its principal owner, Julian H. Robertson, Jr., will serve as TPC’s seed investor.
)--Tiger Management L.L.C. (“Julian H. Robertson, Jr., Chairman and Chief Executive Officer of Tiger, said, “Asia is the best area of the world to practice the hedge fund business. There are great companies at the initial phase of their growth and, on the other side, companies with huge over-valuations or even possible frauds. We are fortunate indeed to have a team of the caliber of Run, Junji and Hoyon to maximize the opportunity.”
Mr. Robertson and Tiger, since 1980, have been committed to creating and fostering a culture of investment excellence. In addition to his successful investments, Mr. Robertson has demonstrated an ability to identify and develop talented investment professionals, many of whom have become leaders in the alternative investment industry. Since 2000, Tiger has continued this tradition and is a preeminent sponsor of investment managers, with approximately $2 billion currently invested with them.
Run Ye, Chief Investment Officer of TPC, said, “We are honored to be partnering with Julian and Tiger. Our investment training has been rooted in the disciplined methodology of traditional Tiger investment analysis. The team has had a long shared history with significant exposure to investing in China, Japan and Korea, where we continue to see exciting investment opportunities.”