Key Takeaways
- • Singapore multi-strategy hedge fund Arrowpoint Investment Partners has secured investment from the Canada Pension Plan Investment Board (CPPIB) and Seviora Capital, a unit of Temasek Holdings, according to Bloomberg.
- • CPPIB and Seviora will join Blackstone Inc as anchor investors in the fund.
- • Arrowpoint aims to begin trading on July 1 and plans to deploy more than US$1 billion within two months.
- • The firm employs more than 50 people across Singapore and Hong Kong, more than half in investment and trading roles, and plans to grow headcount to as many as 100 by year-end.
Summary
Singapore hedge fund Arrowpoint Investment Partners has secured investment from the Canada Pension Plan Investment Board (CPPIB) and Seviora Capital, a unit of Singapore state investment company Temasek Holdings, according to a Bloomberg report dated June 24. Private equity firm Blackstone Inc will also be an anchor investor alongside the two new backers.
Arrowpoint is positioned as a multi-strategy hedge fund platform focused on Asia. According to Bloomberg, the firm aims to start trading on July 1 and expects to deploy more than US$1 billion within two months of launch. Publisher coverage describes Arrowpoint as one of Asia's largest hedge fund launches this year.
The firm currently employs more than 50 people across Singapore and Hong Kong, with more than half in investment and trading roles. Arrowpoint plans to nearly double its headcount by year-end, to as many as 100 employees, though some hires may not start until next year.
CPPIB is investing through its emerging managers program, which has provided $6 billion of capital to fledgling hedge fund firms, according to publisher coverage. Seviora Capital, which is wholly owned by Temasek, provides alternatives exposure across private equity and liquid alternatives. The fund's backing reflects continued institutional interest in newer Asia-focused hedge fund launches led by experienced managers.
Arrowpoint is positioned as a multi-strategy hedge fund platform focused on Asia. According to Bloomberg, the firm aims to start trading on July 1 and expects to deploy more than US$1 billion within two months of launch. Publisher coverage describes Arrowpoint as one of Asia's largest hedge fund launches this year.
The firm currently employs more than 50 people across Singapore and Hong Kong, with more than half in investment and trading roles. Arrowpoint plans to nearly double its headcount by year-end, to as many as 100 employees, though some hires may not start until next year.
CPPIB is investing through its emerging managers program, which has provided $6 billion of capital to fledgling hedge fund firms, according to publisher coverage. Seviora Capital, which is wholly owned by Temasek, provides alternatives exposure across private equity and liquid alternatives. The fund's backing reflects continued institutional interest in newer Asia-focused hedge fund launches led by experienced managers.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.