The firm has also added two new hires. Bernie Ahkong joins from UBS O’Connor, where he was the chief investment officer of the global multi-strategy alpha business. Portfolio manager Ajay Kumar moves from ExodusPoint Capital Management LP, Dymon said in a statement.
(May 13): Hedge fund firm Dymon Asia Capital Pte is on track to reach US$8 billion in assets under management by the third quarter as more global investors seek to back Asia-based hedge funds, according to people familiar with the matter.
Dymon is growing faster than expected. The Singapore-based firm said last year it was set to hit about US$5 billion in committed capital by the end of 2026. As of May 1, it was already running US$7.5 billion. The company declined to comment on the time line for reaching US$8 billion.
