|Bloomberg: Shenzhoumu To Start Multistrategy Fund This Month||
Shenzhoumu Investment Fund Management Co, a Beijing-based asset management firm, will start a global multistrategy fund next week, according to Yuguang Zhou, co-portfolio manager and head of global trading.
Chief Investment Officer Yu Xin and Zhou will manage the Qomolangma Global Opportunities Fund, which will begin trading with as much as $20 million on Feb. 15, Zhou said on a telephone call. It is the 7 billion yuan ($1 billion) firm's first hedge fund to invest outside of China, Zhou said.
The new fund will join OP Investment Management's platform.